CTP
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6.00% 5.3¢ central petroleum limited

Sydney Meeting 6.00 p.m Tuesday 14th, page-14

  1. anch
    90 Posts.
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    12/03/17
    08:40
    Post #: 23279516
    I believe that RC had no choice, but leaving it all to the shareholders.
    He is giving them an opportunity to take the cash now and run or vote this down and be prepared to contribute some more funds as a rights issue to be well rewarded in 18-24 months time.

    This is all very basic.
    CTP Price at posting: 20.0¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 13  Upvote
    lightbulb Created with Sketch.  Great analysis
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