CTP central petroleum limited

1.72%

5.9¢

""(- the ultimate performance of this company is riding on his...

First 15 Last

Share
Profile

Follow
buddy134

24,386 Posts.

176

16/10/19

09:39

Post #: 40902227
Share

Originally posted by Denny Crane ↑

This is one for the snipers and naysayers, an alternative perspective;
While I understand the 2018 AGM was a protest vote; which I supported; all shareholders need to have a good hard look at why they would want to do this again.
Directors
- may be technically in control but they are all non-executives except the MD. They act on recommendations from management who really run the company.
- Is this board really that bad?
- There is reportedly an objective to find a high profile chairperson
- If you sack them no director worth his salt will entertain joining.
- Who will you you replace them with and how will the new directors expertise be any better than the current incumbents?
- The company is actually run by MD Leon Devaney and his management team, which appear to be excellent. Apart from the odd sniper attack, there has been nothing but praise for the MD.
- What are you really going to achieve by sacking the board and causing a spill motion?
- What is worse, keeping the current board or creating instability?
Management Share Options (non-director)
- Expensive, yes! Peanuts and monkeys scenario
- term reduced to 4 years - why is this unfair?
- it is common for management to be given incentives. Should they be blamed for the past?
- From all accounts a very impressive team
MD rights and options
- Well paid, yes!
- the ultimate performance of this company is riding on his shoulders
- why shouldn't he get rewarded further for results that add value to the share price?
Spill meeting
- what will this achieve apart from gross instability?

Before you all start bleating, have a long hard think about what it is you are unhappy about and if voting against the resolutions will really fix it, apart from you feeling self-satisfied for five minutes.

Denny Crane

Expand

""(- the ultimate performance of this company is riding on his shoulders )""

Hi Denny Crane, can you be more explicit and tell us all of what he has achieved in all of his years in control of a company.??

Perhaps it would help us a lot in deciding if he is worth what you are saying and keeping him there.

Cheers

CTP Price at posting: 18.5¢ Sentiment: None Disclosure: Held
1 Upvote

0 Great analysis

Reply

Top Stories

Week 25 Wrap: Fed & BoE pause rates ahead of RBA; Santos-ADNOC, Oz tax reforms

ASX Market Open: Stocks slide as Trump tosses up attacking Iran directly | June 20

PV1

Hydrogen tanker stock Provaris inks MOU with "K" LINE to provide advice

PIQ

Proteomics notches up as company launches PromarkerD into the US

HotCopper Highlights for Week 25: 4DS Memory, Meeka & Sprott-citement

NVO

Novo flags antimony and gold in the Pilbara – but does it need to step back?

AL3

AML3D opens new facility in Ohio as US Defence strategy bears fruit

Thursday's HotCopper trends: Second Amplia response, Race combo dosing | June 19

Friday’s HotCopper trends: Dreadnoughts's drill delight, Galan's beaut raise | June 19

Listen: HotCopper Wire Podcast 014 – Abu Dhabi wants to buy our 'true' oil and gas gem

First 15 Last

Add to My Watchlist

What is My Watchlist?

A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

(20min delay)
Last 5.9¢		Change 0.001(1.72%)		Mkt cap ! $43.97M

Open	High	Low	Value	Volume
5.9¢	5.9¢	5.7¢	$4.364K	74.41K

Buyers (Bids)

No.	Vol.	Price($)
2	564138	5.7¢

Sellers (Offers)

Price($)	Vol.	No.
5.9¢	172675	2

View Market Depth

No.	Vol.	Price($)
2	564138	0.057
2	224795	0.056
1	100000	0.055
2	108144	0.054
1	18870	0.053

Price($)	Vol.	No.
0.059	172675	2
0.061	137146	2
0.062	10000	1
0.067	149268	1
0.068	409677	2

Last trade - 15.15pm 20/06/2025 (20 minute delay)

CTP (ASX) Chart

""(- the ultimate performance of this company is riding on his...

Week 25 Wrap: Fed & BoE pause rates ahead of RBA; Santos-ADNOC, Oz tax reforms

ASX Market Open: Stocks slide as Trump tosses up attacking Iran directly | June 20

Hydrogen tanker stock Provaris inks MOU with "K" LINE to provide advice

Proteomics notches up as company launches PromarkerD into the US

HotCopper Highlights for Week 25: 4DS Memory, Meeka & Sprott-citement

Novo flags antimony and gold in the Pilbara – but does it need to step back?

AML3D opens new facility in Ohio as US Defence strategy bears fruit

Thursday's HotCopper trends: Second Amplia response, Race combo dosing | June 19

Friday’s HotCopper trends: Dreadnoughts's drill delight, Galan's beaut raise | June 19

Listen: HotCopper Wire Podcast 014 – Abu Dhabi wants to buy our 'true' oil and gas gem

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

""(- the ultimate performance of this company is riding on his...

Top Stories

Week 25 Wrap: Fed & BoE pause rates ahead of RBA; Santos-ADNOC, Oz tax reforms

ASX Market Open: Stocks slide as Trump tosses up attacking Iran directly | June 20

Hydrogen tanker stock Provaris inks MOU with "K" LINE to provide advice

Proteomics notches up as company launches PromarkerD into the US

HotCopper Highlights for Week 25: 4DS Memory, Meeka & Sprott-citement

Novo flags antimony and gold in the Pilbara – but does it need to step back?

AML3D opens new facility in Ohio as US Defence strategy bears fruit

Thursday's HotCopper trends: Second Amplia response, Race combo dosing | June 19

Friday’s HotCopper trends: Dreadnoughts's drill delight, Galan's beaut raise | June 19

Listen: HotCopper Wire Podcast 014 – Abu Dhabi wants to buy our 'true' oil and gas gem

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News