CTP 0.00% 5.2¢ central petroleum limited

time is running out for board

  1. 8,112 Posts.
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    Time is clearly running out for this board,now that CP appears to have stated his position.

    It's only a matter of time.

    The last rites are being given and the managerial corpse is taking its last lingering breaths, sucking life out of shareholders funds as it slowly departs this mortal coil.

    This board will soon expire and enter the management graveyard forever forgotten in the ether of time.

    I sincerly hope that the directors are not using shareholder funds to pay legal costs in this personal fight to try and save their seats.

    In my humble opinion, such an expense would not be in the normal course of business and may be recoverable back from the directors.

    Just my humble opinion,not legal advice, and the directors should seek independent legal advice.

    CB
 
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