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7.69% 4.8¢ central petroleum limited

Ann: 09.10.16 CTP to Commence Proceedings Red Sky, page-11

  1. Donthat
    939 Posts.
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    16/10/09
    17:11
    Post #: 5792139
    re: Ann: 09.10.16 CTP to Commence Proceedings... Wheras the Ann. is not what we all hoped it is not bad news either. It will flush out BG one way or other. If they think the potential is as good as most of us then I am sure they would want as big a share as possible now. Better to grab it now then pay a massive premium once reserves proved. My feeling is that being such a hugh conglomerate they simply have not put much thought into this very very small (at this stage) part of their operations. The latest move may bring their focus on the situation with maybe a very good outcome?
    CTP Price at posting: 13.8¢ Sentiment: ST Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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