CTP 3.92% 5.3¢ central petroleum limited

100mln shares at 10c, page-9

  1. 3,084 Posts.
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    Defplayer,

    It's not that I could have bought in lower that worried me about the issue price, it's that a discount along the normal
    lines that we've had in the past would likely have dropped the SP around 40%

    Fortunately RC was able to get a 5% premium on VWAP rather than the 25% discount on VWAP we'd been used to.
 
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