CTP 3.64% 5.3¢ central petroleum limited

Serious Concerns, page-16

  1. 278 Posts.
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    Thanks for posting such a comprehensive response. My conclusions are:
    1.) Shareholders have had an opportunity to vote JH off the board and they took it - you may not like the manner but all shareholders had the opportunity to vote. Unfortunately for you this is democracy.
    2.) The court found that JH seriously breeched his employment contract.

    Given a CEO should want to maximise the value of the company and directing that is the role of the board (from who JH did not want to take direction) I find it very hard to rationalise your issue with JHs departure. Especially given he presided over CTP's longest period of underperformance. CTP has actually outperformed oil this year.
 
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