CTP central petroleum limited

More options for Macquarie 16,875,000 @A$0.14 exercisable before...

  1. 412 Posts.
    lightbulb Created with Sketch. 1647
    More options for Macquarie 16,875,000 @A$0.14 exercisable before the 31 dec 2019 - I wish CTP could cut all ties with these opportunists  

    Don't know if they have any more options due - there is probably benefits in a lower share price when issuing options however when they are due for redemption the higher the better 

    As you can see they have 30 million options at an exercise price of A$0.20 exercisable before 30 Sept 2019 - so there is incentive for Macquarie to see a share price above A$0.20 before the 30 Sept or they expire 

    Having failed I would not put it past Macquarie to have another crack at taking over CTP. These option if they take them up and do not sell them put them close 10% of the shares issued.https://hotcopper.com.au/data/attachments/1418/1418705-f1098b28d2530fd7c9c6962db05dfa99.jpg
    https://hotcopper.com.au/data/attachments/1418/1418707-024ba52656de11a933f2d3b510c78590.jpg
     
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
5.4¢
Change
-0.005(8.47%)
Mkt cap ! $40.24M
Open High Low Value Volume
5.7¢ 5.9¢ 5.4¢ $107.1K 1.909M

Buyers (Bids)

No. Vol. Price($)
2 482762 5.4¢
 

Sellers (Offers)

Price($) Vol. No.
5.8¢ 13000 1
View Market Depth
Last trade - 15.25pm 23/06/2025 (20 minute delay) ?
CTP (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.