Brian:
"If one will not consent to recognize a problem, the solution will never have an opportunity to exist!
If one will not consent that a problem may not exist, then a tremendous amount of time and energy is lost looking for a solution that need not exist.
It's real easy for all of us here to to assume the role of armchair CEO. What are these missed opportunities that you speak off? I'm very well aware that mistakes were made, yet how many bullets were dodged that we don't know of ( nor do we need to)?
I don't follow PDP, but from reading the press release the Argentinian holdings were put up for sale Mar 2nd..Those days were much darker than they are now. Oil was hovering at $40, the worlds financing well was dry. Since then oil is over $60,,CLL has had successful refinancing and share offering, and the financial world is loosening the purse strings..
It's very clear in the release, UNACCEPTABLE BIDS..Much has changed since Mar 2, ..Why should they sell at obvious low ball offers?.maybe the need to sell just isn't there anymore..