GREY:NOVUF - Post by User
Post by
uwinsomeon Sep 04, 2013 11:22pm
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Post# 21719208
Does This Sound Like A CEO That Was Looking To Maximize The Share Value?
Does This Sound Like A CEO That Was Looking To Maximize The Share Value? Novus CEO Hugh Ross
"Novus management will stay with the company, he said, adding he has been assured that a specific budget will be available to fund growth but declining to say how much that will be."
“We’re going to be quite an acquisitor. We’re going to grow fairly aggressively through our drilling programs and through aggressive acquisitions.”
From where I'm standing, it sure looks like the only thing he was trying to maximize was a good deal for himself and management.
HEY HUGH - Have you ever heard about hard work and respecting the shareholders who helped you get to this point? So much for your re*****tion - good thing you're getting a big pay day because now your name is worth s**t.