CTP
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3.70% 5.2¢ central petroleum limited

c.r. in the bag, page-2

  1. karll
    3,084 Posts.
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    21/04/10
    21:03
    Post #: 6602682
    Hydroman,

    As the CR is fully underwritten, it was in the bag the moment it was announced.

    The variable was how well the market would react - the better the uptake by existing holders the better for the company's image.

    I wouldn't be surprised at all to see it being over-subscribed and more shares issued than planned.

    - Karl
    CTP Price at posting: 38.5¢ Sentiment: LT Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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