CTP 1.96% 5.2¢ central petroleum limited

The Brisbane Court also said other things as far as I can...

  1. 23,467 Posts.
    lightbulb Created with Sketch. 110
    The Brisbane Court also said other things as far as I can remember, where it said that the Appellate Court decision in Texas would take years, if ever, to come out with a verdict. It seemed to me that CTP appointed an independent expert to say as much to support their case. And the Brisbane Court made it clear that it could not wait indefinitely, (Or something to that extent).

    But now, and on the 14th od December last year, the Appellate Court handed down their verdict and every single one of those arguments put up by CTP as a defence, were disallowed.

    As such, what ever was posted above is not in the full context of the verdict handed down by Her Honour the Judge in Brisbane. Only certain part suitable for whatever reasons have been posted.

    Now, and with that in mind, CTP has quickly lodged another appeal against that 14th of December judgment by the Appellate Court in Texas.

    Now, can you tell me why they decided to do so.??

    Could it be that GRR might have lodged an appeal in Brisbane against that verdict now that they have got the Texan Court decision to support them.??

    On the other hand, what has CTP put up as supporting evidence in trying to revert the judgment in Texas.?? Just read what CB posted as it is all there for anyone willing to read it. IMO that might not be sufficient to get it reversed in their ways.

    My honest opinion is that someone should swallow their pride, and approach the other party, then sitting at a round table and trying to nut it all out for the benefit of everyone. But then it takes people with balls of steels to go down that road when it should have been done from the beginning of time. It is not in everyone's character to admit that they stuffed up, especially when it doesn't come out of their own pockets.

    Will a new BOD, or an addition to the current one, start thinking with their head and not with their feet.?

    After all, and before entering any Courts, the first thing that the Judge will ask both parties, is if they have attempted some conciliation or mediation before entering the Court Room. If not, they usually tell you to go out and have a mediation first and then come out and tell him what you achieved. If you can't agree to anything, then the real music start.

    SO, WHY WAIT till the Judge order you to do so.??

    DYOR!!
 
watchlist Created with Sketch. Add CTP (ASX) to my watchlist
(20min delay)
Last
5.2¢
Change
0.001(1.96%)
Mkt cap ! $37.74M
Open High Low Value Volume
5.1¢ 5.2¢ 5.1¢ $26.20K 512.1K

Buyers (Bids)

No. Vol. Price($)
3 325000 5.0¢
 

Sellers (Offers)

Price($) Vol. No.
5.2¢ 54161 1
View Market Depth
Last trade - 13.57pm 28/11/2024 (20 minute delay) ?
CTP (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.