Australia's largest stock trading and investment forum Australia's #1 stock forum

CTP

Click for more information

3.70%

5.2¢ central petroleum limited

Where's the CEO's media presence?, page-20

First 20 Last

Share
Profile

Follow
Rook2200

55 Posts.

29

16/12/23

12:39

Post #: 71484951
Share

Originally posted by sandbar: ↑

I hear from industry participants that know the CEO and the COO and say they are nice enough BUT HAVE NO DRIVE, no motivation. NO drive to explore, no drive to save money.
CTP don't show up at Conferences such as AGES or SEAOC - that requires travel and effort. Media presence requires effort and scrutiny.
It is ridiculous that the Board put up with this poor performance, AND PAY THEM WAY OVER THE ODDS. But it is the poor performance that really costs shareholders. I heard one member of the Board "was not happy" but has done nothing about it - Director fees are easy money for retired people; the Board is part of the problem. But will anything change... do I sell out as hopeless or hang in hoping for a white knight or private equity to make a bid?

Expand

Sandbar, that is interesting and distressing to hear, but not surprising. No drive + no motivation + no vision = no future. If what you are saying is true, then why is Leon Devaney still CEO? What the he** is the board doing? One member of the board is not happy? The entire board should be calling for Leon Devaney's resignation.... or his head on a platter.

CTP Price at posting: 4.3¢ Sentiment: None Disclosure: Held
6 Upvote

0 Great analysis

Reply

Top Stories

CC9

Chariot locks in high-potential drill target at Black Mountain, one of the USA's largest lithium landholdings

SVL

Silver Mines pushing ahead with NSW Bowdens project despite green group setback over power lines

HIQ

Mouthguard concussion sensor tech developer HIT IQ wins second US patent

TRE

Toubani raises $10M to see Mali's Koubada Gold Project through to DFS

The Rising Tide: How institutional adoption is shaping the future of crypto

There are more pages in this discussion • 19 more messages in this thread...

First 20 Last

Add CTP (ASX) to my watchlist

(20min delay)
Last 5.2¢		Change -0.002(3.70%)		Mkt cap ! $38.48M

Open	High	Low	Value	Volume
5.5¢	5.5¢	5.2¢	$11.47K	217.1K

Buyers (Bids)

No.	Vol.	Price($)
2	150000	5.1¢

Sellers (Offers)

Price($)	Vol.	No.
5.2¢	14941	1

View Market Depth

No.	Vol.	Price($)
2	150000	0.051
3	1200000	0.050
3	700979	0.049
4	913743	0.048
4	370418	0.041

Price($)	Vol.	No.
0.052	14941	1
0.055	99998	1
0.057	132936	1
0.058	172431	1
0.060	110909	2

Last trade - 15.20pm 21/08/2024 (20 minute delay)

CTP (ASX) Chart