CTP 0.00% 5.2¢ central petroleum limited

voting 249D 19.7.17, page-22

  1. 173 Posts.
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    I have just returned this morning from a week in the U.S. and decided not to engage in any CTP/HotCopper light reading to give myself a break.

    For anyone that has an investment or interest in CTP as a company, or even follows CTP on Hotcopper, you will surely agree with me that this latest announcement is 100% contradictory to what both RC and the board have been spruiking since March to get the SOA over the line.

    This is a massive red flag for me and highlights the ulterior motive and agenda from RC and the board. They were extremely positive prior to MB's offer in March, they accepted MB low ball offer for 0.200 saying that 'the sky was about to fall in' and this is the best that we could achieve, costing the company $2-3m, now they are trying to tell us there is blue sky again.

    All CTP faithful, young and old, be weary. If you vote against the resolution and not FOR the removal of these board members, I believe you should go back and read at least 12 months worth of announcements and watch/listen to RC interviews and look for any contradictions between then and now. I am sure you will find plenty.

    Gibbo
 
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