CTP 1.89% 5.2¢ central petroleum limited

its buying time !, page-27

  1. 3,084 Posts.
    lightbulb Created with Sketch. 5
    well our close today, while messy, is not the end.

    CTP 7.0
    CTPO 3.5

    That means to buy the same amount as you got from the rights issue it would cost you 7.7c (7.0 + 3.5/5), so those that bought in the rights are still in the profit, even though it dipped below the profit line during the day.

    I know it's not a great amount, but just wanted to point out that it's not as bad as it might look.

    - Karl
 
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