CTP 1.85% 5.3¢ central petroleum limited

Was the Chairman the fall guy for MD. It is the MD making the...

  1. 146 Posts.
    Was the Chairman the fall guy for MD. It is the MD making the deals and suppose to have a full time job. I think a tad unfair to blame just the Chairman after all that was said by MD to convince shareholders to do the deal with Macquarie.

    Sorry but you seem to think it's ok for our share price destruction and that MD should not be blamed. When does enough become enough?

    As for finding more gas we will not know if the drilling is successful until after drilling and testing. Silly or a tad naive to think otherwise. I reckon be lucky if 2 of the wells flow commercially only relying on natural fractures instead of fracking.

    Well if you think the MD is doing such a great or brilliant job then why doesn't he go on the market and buy our shares and prove he supports the company with some of his huge cash payments.

    Many years have gone by since MD was brought on yet can't even get the share price to 50c which is where it was just after he recommended a share price consolidation to bring in the so called institutions which never happened. Another failure. Since then down 80% and down further pre consolidation under Mr Cottee.

    I am sorry but your logic is heavily flawed.
 
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