CTP 3.85% 5.0¢ central petroleum limited

Removal of Chairman, Acting CEO, new management, page-24

  1. 78 Posts.
    The reality is that the shareholder rebellion over the Macqurie deal, particularly with trying to get rid of Cottee and the board, was counterproductive and rather stupid. Cottee didn't really have another option at the time, and he and his team were by far one of the largest assets of CTP - their knowledge and expertise is near second to none, and to have them for a small player like CTP was a godsend. The reality is that we needed less shareholder involvement in that situation, not more - and this is especially true in a small company like CTP. 
    Last edited by Zaij: 12/02/19
 
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