Let’s not jump to takeover speculation too quickly; if there was...

Let’s not jump to takeover speculation too quickly; if there was any type of conflict of interest he could simply excuse himself. In my opinion the biggest internal Director threat from a takeover is with Peter Moore and the other board he sits on.

That said, I agree with Oldmarty here, it is strange that he leaves so abruptly after Chairman Marty exclaimed on 20 Dec 2017 that “Tim has an envied reputation in the oil and gas industry and his recent experience with Miro and RISC will be very valuable to Central in the coming years.”

On top of this a quick look on Page 70 of the recent Annual Report suggests Tim had the decency to actually take a reasonable stake in the company, with his 1.5m shares easily the largest quantity held (although new Chairman Marty is not too far behind at 1.1m). Compare that to Gasteen who has less than 300k after more than 6 years…