CTP central petroleum limited

Takeover Tatics, page-35

  1. 8,120 Posts.
    lightbulb Created with Sketch. 73
    Your position is understandable, and justifiable given the current CR.

    As I say in my opinion, the ONLY way of stopping the company falling into MB hands is to wait until any new SOA is made by MB ( which I have little doubt will happen) and then get a great deal ( 2500 shareholders) to vote NO.

    As it would be a special resolution it again requires that 2 legs be satisfied, the head count being more than 51% and the votes being more than 75%.

    I don't see the vote not reaching 75% this time around as there are too many shares in friendly hands

    BUT I do see the vote being able to be knocked off due 51% shareholders of the head count voting NO.

    It all in shareholders hands.

    BUT people have to start collecting support now. NOT when the SOA is issued, simply not enough time to do it then

    Of course that does not preclude some other party coming in and making an offer for CTP and turning it int a free for all.

    CB
 
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Last
5.5¢
Change
0.001(1.85%)
Mkt cap ! $40.98M
Open High Low Value Volume
5.4¢ 5.5¢ 5.4¢ $91.62K 1.696M

Buyers (Bids)

No. Vol. Price($)
1 449381 5.4¢
 

Sellers (Offers)

Price($) Vol. No.
5.8¢ 6030 1
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Last trade - 15.59pm 27/06/2025 (20 minute delay) ?
CTP (ASX) Chart
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