I understand those concerned about CTP "day trading"., but I feel Stieny is closest to real situation.
The well cashed up Cape Lambert made a placement giving them 10.3% after CTP bought on Market. This not only diluted CTP stake but may have been unforseen by JH and it made him nervous. So he took opportunity to get out with a modest profit!
It has not gone unnoticed however that all three companies involved are W.A. companies.. small town Perth!!
What ever the reason, we are in front but I do look forward to any reply from CTP to Posters Mail.
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