CTP 0.00% 5.3¢ central petroleum limited

the complete idiot’s guide to the election., page-81

  1. 337 Posts.
    lightbulb Created with Sketch. 30
    I'm going to regret this, but...


    11.6% of the company for 20 million (11.2c per share) as opposed to CP's 10% of shares for 8.5c per share that he wants to get...

    OR worse still,

    Board control for 5% of shares which is less than 10 million $ simply traded on the market and contributing nothing to CTP's cash position.

    Buddy,

    Pick one. It seems you're going for one of the CP options of 10% @ 8.5c per share or no cash to the company and board control for zero additional outlay.
 
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