I sense that the tide is turning in Bulletin Board land with regard to Gulf Keystone (GKP). A while back I was universally hated for saying the shares were overvalued. If those who slated me had listened and thought and sold rather than just abusing me they would be rather richer today as a result. Hey Ho. It is their loss. I still think the shares are dramatically overvalued and will see 50p this year. But I sense the mood is changing. These days Todd Kozel is even more hated than me.
There is open discussion about whether shareholders should seek to oust the board. Could they? Should they?
Filed under: