CTP 0.00% 5.2¢ central petroleum limited

santos is committed, page-8

  1. 3,084 Posts.
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    michaelbellamy:

    1 Santos for every 25 CTP puts that at an offer of 48.8 - more than three times the current price.

    A lot of people would be happy with that, I'm sure, but I don't know that it would reach the 90% required. Also, if Cottee were to convert his company's options they alone would have more than 10% of the shares, allowing them to block any offer.
 
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