CTP
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0.00% 4.8¢ central petroleum limited

cap raising!!!, page-168

  1. Nazzysmith
    2,889 Posts.
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    23/09/10
    15:24
    Post #: 7235057
    Hmmmm...

    On further thoughts.... This is too the benefit of holders...

    If the results are good and oil flows... The retail shareholders can pick up some shares at 0.086 while the SP is trading at a premium... And make a quick buck if they want too...

    However if the oil does not flow????

    Well...... makes no difference then does it.... The SP is dead meat regardless...

    So for all current CTP holders... If J1 is a success... The news just got better... Cause you have roughly 6 weeks to take up some more at 0.086.....

    Notably this will create an overhang.... So hope the news is GOOD!!!!

    CTP Price at posting: 52.5¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 8  Upvote
    lightbulb Created with Sketch.  Great analysis
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