CTP 2.04% 5.0¢ central petroleum limited

not happy john...part ii

  1. 763 Posts.
    page 36-ENTITLEMENT ISSUE PROSPECTUS
    notes:
    1. Each of the Directors has indicated that it is their present intention to subscribe for all or part
    of their respective Entitlements under the Offer.

    so what happened?

    ctp MD john heugh- annual salary 350000 dollars

    plus expenses

    plus his cut,for...fees(with the other directors)

    since last june of 361993 dollars

    was entitled 2841902 shares

    how many did he buy?

    half of that?..no

    one million?....no

    half a million...no

    one hundred thousand?...no

    he bought 19890 shares...less than 2000 dollars worth

    fractions of one%

    well

    i bought more than that,i bought 100% of my entitlement

    sucker you might say, and you might be right,time will tell

    ps:if i have made any mistakes , i will appreciate your corrections



 
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