CTP 0.00% 4.9¢ central petroleum limited

What If, page-39

  1. 1,368 Posts.
    you are correct razorline, this central share price is what it is, a miserable $0.17.5 thats all. With the debt that this management has amassed and more debt required (70 to 90 million) as communicated my management, I would be very surprised if central is even worth 30 cents based on potential dilution coming up.

    If this was the blue sky story like management has promoted or the wake me up at $8 scenario, I see no one lining up to buy shares or willing to place a T/O, why lol

    If MQG pull out, this is very likely to tank. The longer the reviews are undertaken, the greater the concern, the greater the chance that agreeable contract terms of refrences can be secured. In other words, be very cautious IMHO.
 
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