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Bullboard - Stock Discussion Forum Petro Rio S.A. HRTPF

"Petro Rio SA is engaged in exploration and production of oil and gas in Brazil and abroad. The Company is currently engaged in the hydrocarbon production in Polvo field."

GREY:HRTPF - Post Discussion

Petro Rio S.A. > Peter O'Brien
View:
Post by Ogopogo007 on Jun 29, 2013 7:45am

Peter O'Brien

He must be PO'd
Paid up to $1.50 in open market buying and has a 66% haircut. Now Chairman of committee to "unlock hidden shareholder value"
Hopefully he does a lot better job than the Hedgies did....or is he aligned with the Hedgies?

What is the Game Plan here?
Drive down share price
Have a sham of voting at AGM
Get your Stoogies voted onto BOD
"Unlock hidden shareholder value" ie fish for a lowball offer
Have your BOD Stoogies....it's a fair value offer...vote yes
Screw up shareholder voting again
YES, $2 CDN is a fair offer, we accept
HRT goes private, becomes a producer and pays dividends for decades
The rest of us live in a tent and wonder....W T F

Comment by powerwalker on Jun 29, 2013 8:47am
Peter O'Brien's résumé states that he was CFO at Rosneft (no dates on HRT website, however, as to when he was). He might be the lead negotiator or advisor in the discussions with Petrobras, Rosneft and the government on the Amazon pipeline for the NG.  He definitely would understand the $$ aspects of what is being discussed and know some of the other players. As ...more  
Comment by robnhood on Jun 29, 2013 9:57am
Are you guys on some other planet?  Bag more clients???? The funds have been slaughtered on this stock. Billions have turned into ash.
Comment by powerwalker on Jun 29, 2013 4:37pm
Please understand the context and point of this discourse, Mr. Robnhood. It has been claimed repeatedly that the hedgies  have bought into an under-valued HRT in the $1 range, give or take some pennies, and are now running the show after the AGM fiasco.  [These are not the same funds that swallowed Mello's pre-IPO schpiel; they lost the billion.] My point is that the ...more  
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