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4.8¢ central petroleum limited

Ann: Quarterly Activities Report, page-12

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aron

123 Posts.

28/07/17

10:46

Post #: 26135331
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Originally posted by buddy134 ↑

And one more thing.

CB is constantly telling us that OptionCo was going to keep Cottee on but he constantly (perhaps intentionally), fails to tell me/us as to how he was going to vote him out.

Reason been that the MD/CEO of a company is appointed by the BOD not by the shareholders, and where shareholders CANNOT VOTE HIM OUT in any ways or form.

The only way an MD/CEO can be removed or dismissed is by the Board itself. So for CB saying what he did about OptionCo is laughable at best, especially when they weren't in the Board as yet and when they made it clear that if and when they were to be appointed, Cottee wasn't going to be irreplaceable at all and that they were looking at others too. Besides, Cottee made it well clear that, if the BOD was removed he would have walked anyway. Perhaps it could have been that, without his Board mates, he couldn't have got what he wanted anymore, and leave.

Now, and based on what CB said, how was he going to remove Cottee if he and/or ND weren't in the Board as yet.??

Once again I am asking for Haasko to either confirm or deny what I am sharing with you all.

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Buddy, can you complete the Albert Einstein quote by adding "and I'm not entirely sure about the former".

CTP Price at posting: 12.0¢ Sentiment: Hold Disclosure: Held
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Last 4.8¢		Change -0.001(2.04%)		Mkt cap ! $35.52M

Open	High	Low	Value	Volume
4.9¢	4.9¢	4.8¢	$20.75K	426.2K

Buyers (Bids)

No.	Vol.	Price($)
3	1105823	4.8¢

Sellers (Offers)

Price($)	Vol.	No.
5.0¢	75108	2

View Market Depth

No.	Vol.	Price($)
3	1105823	0.048
1	100000	0.046
4	539092	0.045
1	65000	0.042
3	358222	0.041

Price($)	Vol.	No.
0.050	75108	2
0.051	51590	1
0.052	95840	1
0.055	461000	2
0.056	178589	1

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