CTP central petroleum limited

truth and reconciliation ?, page-3

  1. 8,120 Posts.
    lightbulb Created with Sketch. 73
    Too late now.

    If you look at the top 20 they own 39.69% of the total shares (280,116,635 shares)

    Assuming that at any SOA or any other vote only 50% of the total approx 705Mil shareholders vote.

    That would be approx 357 Mil who vote.

    And assuming that all of the top 20 39.69% of the total shares (280,116,635 shares) vote in support any SOA or against any removal of the Board.

    Then you will have a position where 280,116,635 shares vote to keep the Board etc and only 77 Mil (approx) against.

    That is a ratio of 72.5% in favor and 27.5 against.

    Good luck with trying to get more support from the apathetic balance.

    The reality is that the shareholders are snookered.

    CB
 
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