For what's it's worth, here is my review of relatively new info gleaned from this report after a quick read thru;
The Good
- Leon's CEO Letter - concise wrap up and look to the future (pp.3)
- 2HFY19 Financials in the black for the first time ever (pp.5) (Knew that before but still pleasing)
- New exploration strategy and personnel (again, we found this out in the past few months but still good)
- GRR court issues finalized at long last (pp.23) Hopefully it didn't cost much as the $1.3M described in Item 17(d) on pp. 68
The Bad
- Still waiting on a decent Chairman
- "At the Company’s 2018 Annual General Meeting, 71% of the votes cast were against the adoption of the Remuneration Report." (pp.29) Central’s solution, increase total remuneration for Key Management Personnel (KMP) by 25% from 2.57M to $3.21M (pp.35). Wow, take that shareholders! Oh, and paying your lead lawyer $625k (up $111k on last year) is far too much for the size of this company.
The Ugly
- The following sentence in the Chairman's Letter: "At Central we recognize that we don’t have all the answers to solve the Global Climate Change challenge." Perhaps we should sail Greta across to help us Wrix?
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central petroleum limited
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Last
5.6¢ |
Change
0.000(0.00%) |
Mkt cap ! $41.73M |
Open | High | Low | Value | Volume |
5.9¢ | 5.9¢ | 5.6¢ | $35.48K | 624.1K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 50000 | 5.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
5.7¢ | 3617 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 50000 | 0.055 |
2 | 400000 | 0.054 |
3 | 330000 | 0.053 |
3 | 295012 | 0.052 |
5 | 1259600 | 0.051 |
Price($) | Vol. | No. |
---|---|---|
0.057 | 3617 | 1 |
0.060 | 115988 | 2 |
0.061 | 50000 | 1 |
0.062 | 112000 | 2 |
0.065 | 200000 | 1 |
Last trade - 16.10pm 01/08/2025 (20 minute delay) ? |
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REDCASTLE RESOURCES LIMITED
Ron Miller, Non-Executive Director
Ron Miller
Non-Executive Director
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