CTP central petroleum limited

announcement - capital raising, page-6

  1. 286 Posts.
    Karll,
    That's an assumption, the name of the game these days is to make profit quickly and although I understand there maybe a small pocket of noble investors I think it would be a small number and more likely to be LT investors who would not be selling the day after the shares are available for a 1 pip profit.

    Of course it's simpler to manage parcels but isn't it in CTP's interest to raise as much capital as possible? I don't agree with your logic - a small investor buying as much as a large one.

    Small investors have a reason for being small and that's most likley a lack of disposable income to spend on shares. Why would an owner of say just 20,000 shares now see an opportinunity to by 45,000 shares ($2,500). I'm one of these. I would have invested $1000 if given the chance, but I wasn't - how many more of us like this were there?

    I don't see any ann about being oversubscribed!

    The parcels were restrictive and CTP had to find more funds from Pattos to fill the gap.
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
5.4¢
Change
0.000(0.00%)
Mkt cap ! $40.24M
Open High Low Value Volume
5.4¢ 5.7¢ 5.4¢ $110.6K 2.011M

Buyers (Bids)

No. Vol. Price($)
1 15150 5.4¢
 

Sellers (Offers)

Price($) Vol. No.
5.6¢ 15000 1
View Market Depth
Last trade - 16.10pm 04/07/2025 (20 minute delay) ?
CTP (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.