CTP 0.00% 5.3¢ central petroleum limited

simpson 1 , page-10

  1. 1,834 Posts.
    lightbulb Created with Sketch. 1
    I have been curious to see if anyone was going to touch on this point (finance)..Firstly, though, it seems to be obvious that a seller/s is selling into any rally..
    I can't fathom the point of that,but am not very concerned as in the long haul, the fundamentals will sort it all out..

    However the viability of an enduring and sustainable line of credit, ( currently, bond financing), is very pertinent..

    Early in 2007, investing entities controlled by Daniel B Zwirn were valued at approx. US$5. bilion..For all sorts of reasons, including employee dishonesty and the resulting investment redemptions, around January this year the combined DBZ Hedge Fund values were approx.US1.5 billion..Somewhat of a mild dilution..

    In the interim, as we are all aware, most Hedge Funds
    have gone out the back door.

    The one that concerns us,ie. DBZ Mauritious #3 fund is two 'layers' removed from D.B.Zwirn..Good or Bad??

    Hopefully, the entity perusing the Blamore-1 results will decide to invest and then the need for DBZ will dissolve.. In the meantime??????????















 
watchlist Created with Sketch. Add CTP (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.