MARKETS

OptionCo defeated

CENTRAL Petroleum’s incumbent board has secured a decisive – but not overwhelming – victory, with the Richard Cottee-led team garnering a two-to-one margin against challengers rallied under the flag of Stuart Howes’ OptionCo alliance.

Richard Cottee.

Richard Cottee.

Chairman Robert Hubbard and directors Wrixon Gasteen and Professor Peter Moore managed to defeat moves by Howes, Colin Goodall and Nick Bolkus to replace the board just weeks out from the rejection of...

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