for the mighty santos to exercise 60M options would cost them about $50M which is petty cash for those guys. They are in desperate need of gas for the Qld Gladstone LNG plant, and for just $50M they can make sure all that gas in CTP's areas goes to their LNG plant.
$50M is not an issue for santos as they are in hock for billions in their LNG plant that is experiencing CSG shortages.
They dont need to take over ctp 100% to make sure all that gas goes to Qld, they just need effective control which is board control which these options can deliver to them.
- Forums
- ASX - By Stock
- CTP
- ctp board bumped off in april? - great plan-!
ctp board bumped off in april? - great plan-!, page-6
-
- There are more pages in this discussion • 72 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add CTP (ASX) to my watchlist
|
|||||
Last
4.8¢ |
Change
-0.004(7.69%) |
Mkt cap ! $35.52M |
Open | High | Low | Value | Volume |
5.0¢ | 5.0¢ | 4.8¢ | $22.36K | 454.9K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 104163 | 4.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
5.2¢ | 96150 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 104163 | 0.049 |
3 | 1201484 | 0.048 |
1 | 100000 | 0.046 |
2 | 280000 | 0.045 |
2 | 28222 | 0.041 |
Price($) | Vol. | No. |
---|---|---|
0.052 | 96150 | 1 |
0.055 | 11000 | 1 |
0.057 | 45000 | 1 |
0.059 | 25000 | 1 |
0.060 | 210909 | 3 |
Last trade - 11.34am 12/07/2024 (20 minute delay) ? |
Featured News
CTP (ASX) Chart |