Harkins and O'brien were rolled out of the company in a boardroom coupe' by Martino and Coutts with Patersons support it would seem imo.
They obviously want to turn the company primarily into a coal company.
It would be wrong to assume Harkins and O'brien were in the wrong based on no information provided by the current board.
Imo by saying nothing thats what they want you to think!
I cant see why Harkins or O'brien would harm the company in any way being the two biggest individual shareholders and the only two fulltime exec's in the company.
Imo this is an opportunist grab by some of the current board members who obviously lack sound ethics by the way they have gone about this.
Coal might provide a short term bounce but under Harkins it was my understanding we would of had the best of both worlds, UCG and coal in Aus.
CGV Price at posting:
5.0¢ Sentiment: Buy Disclosure: Held
