CTP 0.00% 5.3¢ central petroleum limited

i am back, page-9

  1. 24,386 Posts.
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    I have no arguments with what you wrote. But, the question is, was there any needs to do an SPP at more than 20% discount of the current sp, when we all know that the instos that benefited from it, will immediately sell at the first opportunity to cash in their profits, and while we are left here licking our wounds ??

    Wouldn't it have been enough to do it at say 10% or 15% discount instead ??

    I hold and accumulated quite a few over the long time, and it hurts to see the sp crawling up a little to a more acceptable levels, only to see it flying away in one day and at the simple snap of a finger.

    I have no intentions to sell. But, I can't help saying what I feel that should be sad.

    Regards.
 
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