CTP central petroleum limited
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What happened in court today??, page-5

  1. Denny Crane
    74 Posts.
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    14/06/17
    14:03
    Post #: 25268550
    The CTP stock is due for reinstatement tomorrow anyway so I believe there will be an announcement pre-opening tomorrow with a new date etc. Information I've received is that Origin and Cottee are doing the rounds of the Top 20 shareholders. The problem for them is that the Top 20 has never had a large percentage of the stock so the company is really controlled by the masses! Worse still for them some of the Top 20 are OptionCo supporters therefore AGAINST the Scheme. I can't see how they can win this without raising the bid substantially.

    Denny Crane!
    Last edited by Denny Crane: 14/06/17
    CTP Price at posting: 17.0¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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