CTP 1.96% 5.0¢ central petroleum limited

palmer weighs into the fight , page-45

  1. 4,030 Posts.
    Denben,

    Our Clive Palmer could receive a very warm welcome from CTP shareholders if he elected to bid for CTP a price of some 20 cents per share to take his present 5% of CTP to much higher levels.

    This would put a value on 100% of CTP of some $A300 million, which in the petroleum industry would be a relatively low cost aquisition for such a vast area of promising tenements. And Clive could easily afford it.

    And such a bid would place Clive above the petty rivalry being displayed by the CTP board atm. Conix
 
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