has anyone ever considered that perhaps part of the reason CTP decided to accept the MBL bid, was to force any other interested parties to put-up-or-shut-up?
Happens all the time.
Look at RC now - all over the press highlighting the fact that CTP has gas reserves available for the gas starved East Coast, but lacking capital to develop those reserves.
If the MBL Offer is so miserable, and so undervalues CTP, then this press coverage by RC will surely get the attention of any other interested parties?
There is nothing stopping a Superior Bid from being lobbed on CTP's doorstep.
(and that's why all those shares are being picked up at 20c - they are expecting the MBL bid will be trumped (not by Donald though)
Sydney meeting, page-88
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Mkt cap ! $35.52M | |||
| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
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| Price($) | Vol. | No. |
|---|---|---|
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