Lily Vale, Finance Editor, comments in today's Finance and Economics section on the slight rally in the prices of Wordsworth Energy shares which follows the Press Conference held yesterday by Open Books International.
"A strong impression was given of arrogance on the side of OBI," writes Ms. Dale. "There's an increasing perception that Wordsworth is facing difficult challenges while OBI is essentially an organisation that has power without responsibility. It's easy to throw around accusations but a lot harder to implement solutions in a country as challenging as Thibaw."
"OBI look to be suffering from an overdose of self-importance and the self-righteous preaching of OBI's President, Wilhelm Achtenburg is turning off a lot of people who might otherwise be sympathetic to OBI's objectives. Mr.Achtenburg's previous experience in running the Spandau-Leipzig Bank in Germany hardly qualifies him to lecture others on how to operate in a military dictatorship in South-East Asia."
Wordsworth's shares closed up at 277. According to some tihis reflected re-purchases of Wordworth shares by some Ethical Investment Mutual Funds which had previously unloaded them at a higher price.
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