CTP 0.00% 5.3¢ central petroleum limited

From the AFR, page-33

  1. 6,333 Posts.
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    Of course it's not a realistic assumption. Except in buddyland, where who knows what is going on.

    It's basically a reductio ad absurdum fallacy where buddy is grasping at increasingly obscure straws to try and back up his claim that CTP has somehow allowed itself to be ripped off in selling a tiny fraction of its gas reserves on forward contracts at a price that we don't even know, in order to secure cash to pay off the $10M debt and buy out the production bonus rights.

    And if you point out why this suggestion is wrong, you're apparently ramping.
 
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