FP has been the invisible man since the CGP ship started taking on water. Who knows what his motives / actions are, but on first blush he doesn't seem to be taking responsibility or working on the front line to protect shareholder interests.
I would be hoping that the board is strongly considering their options around the company direction and leadership. Hopefully the fact FP installed himself as both MD and chairman won't complicate things too much.
CGP Price at posting:
2.0¢ Sentiment: LT Sell Disclosure: Held