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0.00% 5.3¢ central petroleum limited

CPSA Update - The Nail in the Coffin?, page-53

  1. justcurious
    332 Posts.
    lightbulb Created with Sketch. 17
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    26/05/17
    06:53
    Post #: 24921675
    "Why would management tell the world what a terrible position the company is in? i.e. RC before scheme is binding."

    Because if it is price-sensitive then the ASX requirement of continuous disclosure kicks in. I don't think I'm alone in feeling lied to by Cottee (either before the offer or since, I'm still having trouble working out which). Either way, I'm not happy about it.
    CTP Price at posting: 17.5¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 15  Upvote
    lightbulb Created with Sketch.  Great analysis
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