Oilman, I think Troy spelt out the situation rather succinctly and is taking a pragmatic approach. It is a lot of money to have at risk and I also am amazed that so many people are prepared to risk their entire investment. Often people vote with too much emotion and often against their own best interests. NXS was a case in point and on the world political stage Brexit and Trump voters voted against what they perceived as what needed to go (Europe and the Washington establishment) without due thought to what the morning after or future would look like.
I intend to vote for the scheme (and I hate Macquarie) as it is the least worst case outcome as far as I can see.
Statement from CTP's largest shareholder, page-12
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Mkt cap ! $40.70M | |||
| Open | High | Low | Value | Volume |
| 5.4¢ | 5.6¢ | 5.4¢ | $41.20K | 750.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1270000 | 5.2¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 5.4¢ | 540000 | 1 |
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