CTP 1.89% 5.4¢ central petroleum limited

cap raising, page-10

  1. 3,084 Posts.
    lightbulb Created with Sketch. 5
    Grumpster,

    Good to see you posting.

    Do you believe that good results from Oori will more than triple the current share price?

    I'm pretty sure we will see some/all of the test results from Phase 1 before 30 Jun too.

    But secondly,
    Why would someone exercise CTPOA for 25c when they could exercise CTPO for 16c?

    CTPOA = 0.4c buy + 25c exercise = 25.4c
    CTPO = 3.9c buy + 16c exercise = 19.9c

    - Karl
 
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