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0.00% 5.2¢ central petroleum limited

letter to shareholders, page-6

  1. karll
    3,084 Posts.
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    20/01/11
    22:19
    Post #: 7769641
    Rayz asked: "Can anyone tell me why this letter was not signed by JH as always. [Is he some where else]?"

    It's signed by the chairman of the board. That is a higher ranking that the Managing Director.

    The MD is responsible for day to day decisions, the board is responsible for setting direction.

    This letter was and should be signed by the chairman of the board, not the MD.

    - Karl
    CTP Price at posting: 25.0¢ Sentiment: LT Buy Disclosure: Held
    Likes Created with Sketch. 4  Upvote
    lightbulb Created with Sketch.  Great analysis
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