CTP 1.96% 5.2¢ central petroleum limited

CamdenBob has drawn attention to the GRR matter. The point of...

  1. 357 Posts.
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    CamdenBob has drawn attention to the GRR matter. The point of this niggling irritating event is that $20 million has been allocated in the balance sheet to this. If this matter were to be resolved sooner than said in the webcast and $ 20 million has to be found it is a price-sensitive significant impact. This matter is only one of a series of matters affecting public perceptions of CTP and adding to company analysis complexity ; it and the other matters are undermining CTP administrations legitimacy. This is impacting analyst's perceptions and influencing their decisions to avoid coverage of CTP. It may also be one of the reasons CTP administration have not acted on suggestions by owners to authorise publication of a CTP analysis. Such high-level independent objective analysis may reveal price sensitive significant information CTP administration does not want widely known. The information is legitimately accessed by owners and should be available to them. I refer other CTP owners to my post on the webcast and the owner action plan outlined there. CEO contract ends in June and will be renewed in the absence of action by owners now. Directors Moore and Gasteen are also the object of removal action plan. In the absence of owner action CEO, Moore, Gasteen will remain in place and CEO will continue in that role until a date of his choosing. Act now.
 
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