Shareholder notice invalid

FRIDAY’s S249D notice, served on Central Petroleum on Friday by OptionCo, was sparked by the group’s conclusion that the offer being made by Macquarie Bank did not reflect the value of the central Australian gas producer, but it has already been declared invalid.

Shareholder notice invalid Shareholder notice invalid Shareholder notice invalid Shareholder notice invalid Shareholder notice invalid

Richard Cottee.

Central said it found sufficient uncertainties and irregularities to render the notice invalid, but has written to the group saying it is open to working with the group to rectify these deficiencies,