CTP central petroleum limited

Ann: Chairman's Address to Shareholders, page-9

  1. 277 Posts.
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    The reality is - and if your reading this Mr Chairman - please resign. 
    Wrixon - you should of gone post the voting down of the Mac SOA. 
    Peter Moore should of gone then too (and save himself the embarrassment of today).

    Today is a vote of No Confidence in the board. Sarah Ryan is an unfortunate casualty as she was new blood but I guess that's what happens when people like Peter Moore and Wrixon Gasteen don't get the message and hang on for too long. Civilians get caught in the crossfire. 

    The only positive is Leon Devaney as an ED. He needs to stay. Formalise him as the MD immediately. 

    For too long this company has operated with too many "captain's calls" and not enough shareholder consultation and today's mark is the end result.  In order to make it a quicker transition - and much less painless - Wrixon and Martin should hang up their hats and form and orderly transition. Your company has spoken. 
 
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