And this is why the AIM casino is such a farce. The interests of fat cat directors are simply not aligned with those of the owners of far too many companies, that is to say mug punter shareholders. Maybe they cannot be arsed to read Annual Reports but they should and they should be revolted and revolt. Meet Peter Hill, the CEO of casino listed Global Petroleum (GBP).
Peter Hill (MA Oxon) joined in September 2011 when the share price was just over 12p. Before I turn to what happens next I am always instinctively hostile to those who put the words MA Oxon after their names as Mr Hill does everywhere. I went to Oxford too, but it is just another university. Why tag it on to everything? And while we are about it please do not think that Mr Hill has worked to gain a masters. Like me he graduated with a BA. However at Oxford you can after a few years go back and pay a tenner and go through another daft ceremony to get an MA. At other universities you study to get an MA. At Oxford you buy one for a tenner. It is typical of the conceit of the place.
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