CTP 2.83% 5.5¢ central petroleum limited

16 September 2016 Top 20, page-3

  1. 1,368 Posts.
    Agree, this is an embarrassment and has been for a number of years, then again central is a penny dreadful by classification having significantly diluted share holders over the years. Organisations shall not invest in a company who has a continuous reputation o share holder depreciation as evident since year 2012.

    What this organisation needs to apply a complete make over to the manner in which it promotes its self but most importantly, effect a change in the share price to gain back respect, credibility and interest to both sophisticated and non-sophisticated investors.

    Central has the ability, central now has the assets, management now need to be held accountable for the performance of the share price.

    Lets not forget that central is a 2 cent organisation at current valuation prior to share consolidation (1:5) for many, this may be considered to be of significant concern.

    I have been an active voice for change in direction and management over the years, one can only hope that board changes do occur imminently and facilitated in the best interest for company and its shareholders.
 
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