Im still under the impression that there will be more to the CR than many make it out to be.
For now the last CR attempt based on OIL FLOW was a miserable failure.
This time the CR WILL obviously be aimed at Financial Institutions or overseas interests (Toronto) but can only really succeed IF the OIL actually FLOWS.
Is there anybody out there that wants any more shares.
Certainly ME not.
But its a necessary evil and the intial dilution ripple will be quickly forgotten once the Surprise well/drilling takes shape and the CTP shares bounce up on speculation anyways.
GOOD or BAD, but at least JH/CTP NOW should HAVE THE CASH for the 3 wells.
Hands up those that agree!
Now that should at least keep most critics quiet on this front. The money is/will be there.
trading halt for capital raising?!, page-30
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Last
5.3¢ |
Change
-0.002(3.64%) |
Mkt cap ! $39.49M | |||
| Open | High | Low | Value | Volume |
| 5.5¢ | 5.5¢ | 5.3¢ | $83.26K | 1.516M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 234750 | 5.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.5¢ | 340510 | 1 |
View Market Depth
| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| CTP (ASX) Chart |