CTP 4.00% 4.8¢ central petroleum limited

thoughts on current events, page-7

  1. 3,084 Posts.
    lightbulb Created with Sketch. 5
    Sav-J wrote:
    "Well, looking at the chain of events, and this is purely speculation, it came to my attention that with the looming s249 to remove the current Board, is it possible the Board may now be 'rushing' (or as they've put it 'expediting') a plan to select and close a farm in deal to given the impression they have achieved something during their time at the helm?"

    Sav-J, firstly great to see you potsing here again.

    As to this point above, it's my understand that when a bard receives a s249 notice they enter caretaker mode until the meeting. In that case, wouldn't meit mean that when the board receives the notice they won't even be able to enter a MOU let alone a JV/farm-in with any third party?

    Thanks,

    Karl
 
watchlist Created with Sketch. Add CTP (ASX) to my watchlist
(20min delay)
Last
4.8¢
Change
-0.002(4.00%)
Mkt cap ! $35.52M
Open High Low Value Volume
4.8¢ 5.0¢ 4.6¢ $22.4K 468.3K

Buyers (Bids)

No. Vol. Price($)
2 364569 4.6¢
 

Sellers (Offers)

Price($) Vol. No.
4.9¢ 10000 1
View Market Depth
Last trade - 15.32pm 20/06/2024 (20 minute delay) ?
CTP (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.