"What a neat trick to play on a company they already approached to do a deal and got turned down!!! The question is why did the Board turn down a decent offer from Santos?
Now Santos are not happy with the CTP Board! You see they suggested a convertible note to give them all the money they needed. But the CTP Board refused it! Bad move but we have seen many of those before!"
Where did you get that Info from 242? And why would Santos buy the options and pay 80c on top when they can buy heaps of shares for a lot cheaper without diluting their own holdings and pour money into CTP through the exercise of those options. Might need to come up with a better conspiracy theory my son!
CTP Price at posting:
38.0¢ Sentiment: LT Buy Disclosure: Held
