At what point should Wanklyn be turfed? Pipestone clearly underperforming peer group by a very wide margin (NVA, SDE, POU, KEL)
Wanklyn & co have decimated shareholders for the past year.
His insider purchases have been underwhelming - only buying some shares after the selloff in November which he was greatly responsible for.
Pipe shares are trading lower than when AECO was under $1 and we had egress issues.
Worst in class performance all around.
At what point does the board just tell him his time is up?
Pipestone would be better off as a merger of equals with Kelt.
Wanklyn is industry worst CEO at capital market side. Maybe a good geologist, but not a good manager of a publicly traded company in my view. Time to get rid of him.