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1.96% 5.2¢ central petroleum limited

capital raising, page-2

  1. Camdenbob
    8,114 Posts.
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    14/01/11
    15:33
    Post #: 7737122
    "As today is January 14, JH will have to announce at some stage this afternoon what is happening with the capital raising. It will almost certainly have to be adjusted because the company's wallet is slowly emptying. Question is, will he push the date back further and leave the SPP at 8.6cents hoping for good news to come? Or will he halt the trading of the stock early next week and completely revise the offer price down into the 4s?'

    The SPP will be abandoned I suspect

    CB
    CTP Price at posting: 27.0¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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