CTP central petroleum limited

Ann: FY2023 Annual Results and Update Presentation Pack, page-11

  1. 55 Posts.
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    I wasn’t able to hear the presentation due to travel.

    I’m going to guess it was more of the same drivel…”Trust us, we’ll do better next year…”

    I see that management was rewarded for their mediocrity with more stock. I’ve never seen a company that has performed so poorly retain their CEO after so many repeated failures. Looking at the calendar, the CEO’s tenure predates all current members of the Board of Directors. Makes you wonder who works for who? Most places I’ve worked, the CEO works for the BOD and the BOD works for the shareholders. With CPT, everything is inverted. We’ve certainly crossed through the looking glass into Wonderland.
 
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