What a mess again but necessary. However looks like Optionco are just looking to get themselves positioned for the revenues of ctp in directors fees with Cottee still there. That makes no sense to shareholders and they have not relayed to shareholders their future strategy because they dont have one except likely for fees as they sit on their hands wondering how to fix their problems and the occassional round of golf.
Another con job that will likely put ctp into admin if those jokers cant raise monies quickly to take advantage of the east coast problem.
Imagine being elected the new Board of ctp and having no forward stategy in place with MacBank as your lender who was just defeated in their quest to get hold of ctp by the new elected Board. I would say MacBank will do all they can to pressure the new Board that has no idea whats in the Mac agreement. How does this make any sense? Too much stupidity in play here!
CTP Price at posting:
18.0¢ Sentiment: Sell Disclosure: Held
