CTP central petroleum limited

quarterly report webcast, page-3

  1. 24,386 Posts.
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    ""## The extent of separation of ownership from control of companies is too great. Corporate law needs urgent re-writing from shareholders perspective. ##""

    It would never be too late let me tell you. But the people running these companies have far too much influence over the Lawmakers and the Regulators the likes of the ASX (What a lot of dead wood there) and the ASIC (What a waste of space there where they have got caught with their pants down around their ankles several times during the Royal Commission). Has anyone ever heard of a leopard changing his spots.?? And there lies the answer for you.

    ""##Which political party is addressing the issue ? ##""

    None, and it is never going to happen either. With Politicians which are soon filling the shoes of Lobbyists when they either loose their seats (or because they have been made or being forced to vacate them) and then starting to work behind the scene and jump in bed with some Politicians, don't ever hold your breath or you'd soon find out what will happen to you.
    It is very clear to me that, until you or someone with power will legislate against Lobbyits and Ex Politicians we are all barking up the wrong tree.

    Haven't you just heard that the Labour Party has decided to grandfather all of the people which have been abusing the Negative gearing for years and years and ever since it was firstly introduced (No, I have never used that system nor am I against it because I think I know what will happen to the housing industry soon after it will be introduced. Farms are sufficiently enough to make you loose money already with all that is and has been happening), but guess why..............guess why that proposed tax system upgrade has been changed. How many Politicians, and especially how may Labour Politicians, have been abusing that system all along and how many house do some of these Labour Politicians (World Saviour) hold already.?

    Don't worry about me as I am an Apolitical person and realised that these people only look after one person.....THEMSELVES. Not you and me........................ever.

    By the way, MODS, please look the other way as I am only trying to reply to some good points which another poster raised and just wrote in his post.

    In closing and IMHO it is the duty of BOD's, especially with this here Company, to realise that they are employed by us the shareholders and that they have a duty to disclose to us what they are doing and what they plan to do but, based on all the past history and the secrecy they have always operated, I wouldn't hold my breath and they will continue to change their mind about doing it. Yes It is always been discussed at AGM's stages but soon after, Juts like Politicians do, they quickly forget what they told us and back to business "SAME OLD SAMEL OLD" they go. The silence and the mushroom treatment will continue.

    Perhaps I should start "following the leader game" and do what many ST holders/Punters are doing around here and start doing some ST trading and making hay while the sun is shining myself instead of continue hoping and dreaming. After all, my dreams and hopes over the years have only succeeded in putting/shoving huge amounts of money into someone else's pockets. None of it went into mine. As a matter of facts I can honestly say that my money has just shifted pockets, from nine to someone else.

    Cheers
 
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Last
5.4¢
Change
-0.005(8.47%)
Mkt cap ! $40.24M
Open High Low Value Volume
5.7¢ 5.9¢ 5.4¢ $107.1K 1.909M

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No. Vol. Price($)
2 482762 5.4¢
 

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Price($) Vol. No.
5.8¢ 13000 1
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