With 105 Mil voting in favor of all resolutions and 5 Mil against, it is clear that CTP is now at the mercy of a predator.
Mac Bank who wanted the company last year , will no doubt still be interested now that the numbers against are so low.
I suspect, that an offer of another SOA will soon emerge at around the 15 cents mark.
Early 2018 will be the critical period, why would MB walk away from a certainty, they know the assets, they know the management and they know that time is running out , AND they have a lot of cash in the bank.
And that will be the end of it.
CB
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CTP
central petroleum limited
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5.5¢

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Last
5.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $40.98M |
Open | High | Low | Value | Volume |
5.4¢ | 5.5¢ | 5.3¢ | $2.456K | 45.65K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 275393 | 5.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
5.5¢ | 127247 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 275393 | 0.053 |
4 | 480000 | 0.052 |
4 | 940000 | 0.051 |
4 | 560000 | 0.050 |
1 | 100000 | 0.044 |
Price($) | Vol. | No. |
---|---|---|
0.055 | 127247 | 1 |
0.058 | 6030 | 1 |
0.059 | 326120 | 2 |
0.060 | 140000 | 1 |
0.067 | 149268 | 1 |
Last trade - 15.58pm 25/07/2025 (20 minute delay) ? |
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CTP (ASX) Chart |
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