CTP 7.69% 4.8¢ central petroleum limited

Ann: Mareket Update, page-33

  1. 303 Posts.
    You hit the nail on the head, AU$12 million out of an original and less than exciting Au$60 million, places the bean counter deal and the free look for Santos benefit into real light, does it not. It is my personal belief that the prospectively was not the main issue, after all your company's Managing Director was gloating a mere week before this disappointing announcement about not discussing the financial tactics being used on him (CTP) band him using finical tactics being used on them (Santos)

    My personal take is that you don't public ally stand up in front of an audience and say that the wheeling and dealing is being done leading to the near last hour, certainly not because Santos did not like the prospect.

    I also agree greed that the near term future is looking bleak, so I pose the question, where is Central Petroleum Limited going to find over AU$20 million in the next few months to June both of its Santos and Total joint venture deals? A capital raising maybe

    next months the AGM must be held, let's see what Surprises rain in.
 
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