trading halt for cap raising, page-66

Defplayer

Not bad, here's another possible scenario

The board/CEO tussle could have started quite some time back. From the information at hand, one can postulate what happened and what the Board may hope to achieve.
1. Johnston-West failure. Board said, “Fix it up John, and pass us another Crownie.

2. Surprise failure. Board complained, “Did something just happen? BTW, These crownies are warm. And we need more Angus burgers"

3. Surprise-1 failing. Board said, “We're out of crownies. Time to switch to scotch."

4. JH brought in Dalton, shale oil horizontal drilling expert, as COO, "that's great John, but did you pick up some more Crownies while you were out?"

5. Surprise-1 achieved some success. Dalton the hero. Board say "well done, time for a Crownie."

6. JH appointed a lawyer as alternate director to tell the board, "you can stick your crownies, I have a company to run"

7. Nevertheless, Board fired JH. "that was very sad, oh well, time for another round"

8. Board gets wind of the SH rebellion. "hell no, where else are we going to get a cushy gig like this? We better do something"

9. JH volunteers to drive the shuttle bus from the airport for SH attending the EGM.

10. Rumors flying around, big buyers turning up. Could be HESS, Shell, CIA, the list goes on. The board orders another round and some Chinese takeaway while they consider strategy.

11. Board issues more shares to friendly institutions to shore up their positions, dilute JH holdings, and pay for drilling another well. Thus, killing three birds with one stone. Time for another Crownie.

12. After another 12 months, CTP issues an announcement stating they are nearly ready to think about commencing 3D over Surprise, but they need another CR as the bar is almost empty. Crownies aren't cheap, after all.

13. CTP issues the 98th brokers report since Surprise flowed in 2011.

14. SP hits 12month high on low volume. heads trade at 0.05c, oppies have long since been out of the money.

15. Dalton has taken to wearing leather jackets. Does a presso on boardroom radio and finishes with "it's been a pleasure James". Askin hears it and immediately terminates Dalton, believing he must be JH in disguise. Board orders another round and congratulates themselves on averting another coup attempt.

16. The bar is empty, the last 17 CR have failed to restock the fridge. CTP delisted.