Ann: CTP Board Unanimously Recommends Improved Macquarie Proposal, page-21

After listening to RC time and time again, attending every SH briefing and holding shares in this company for 9 years -something doesn't add up for me right now!

Its all about RC.

With all the visionary hard work that was done behind the scene in Identifying/Raising the east coast gas shortage situation and emerging CTP as the solution...
Lots of brave visionary steps was required (Lobbying with Politicians, Buying Gas Fields etc), so I really can't see why this man is accepting this insult offer?? Could be one of those options....:

1. This recommendation is just to put pressure on a second bidder to come in and quick as we are selling. (remote)

2. He might just had enough and sold us for peanuts because it was the easy thing to do.. (Sound more like it)

Its all about him and nothing else. If he could see all this potential, making huge steps to make it work, convince the world he is the person to do it- why does he 'back off' 12 month before it can be achieved?

What had they (MAC) promised/Offer him ( RC personally) to make him give up his values and our company ???

Something is either really wrong & insulting or Brilliant....