CTP central petroleum limited

I found this part very interesting: ""(There are two competing...

  1. 24,386 Posts.
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    I found this part very interesting:


    ""(There are two competing proposals advised to the market by certain Central Shareholder groups, which are:

    1). the written proposal to Central from the group identified as ‘OptionCo’ to replace all of the Non-Executive Directors of Central.
    OptionCo has given Central a notice pursuant to section 249D of the Corporations Act to call a shareholders meeting to consider resolutions for removal of Central’s current Non-Executive Directors and to replace them with OptionCo’s nominees; and


    2). the written proposal to Central from the group identified as the ‘Alternate Board of Directors’, which seeks to replace all of the Non-Executive Directors of Central if the Scheme Resolution is not passed at the Scheme Meeting by requesting that such Non-Executive Directors resign “as a matter of good corporate manners”. A notice pursuant to section 249D of the Corporations Act has not been provided by this group.
    Both groups state that they intend to retain the present management and Mr Richard Cottee’s gas strategy.)""

    Six of one half a dozen of the other...that's all.

    The point is that the latter one of the two hasn't even lodged a Sect.249D as yet.
 
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Last
5.5¢
Change
0.000(0.00%)
Mkt cap ! $40.98M
Open High Low Value Volume
5.4¢ 5.5¢ 5.3¢ $2.456K 45.65K

Buyers (Bids)

No. Vol. Price($)
2 275393 5.3¢
 

Sellers (Offers)

Price($) Vol. No.
5.5¢ 127247 1
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Last trade - 15.58pm 25/07/2025 (20 minute delay) ?
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