CTP 3.85% 5.4¢ central petroleum limited

Ann: Central Consolidates Shares , page-22

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  1. 378 Posts.
    Why now?
    The TIMING for this share consolidation needs explaining.
    Something else is behind the timing.

    I dislike share consolidations especially in the current market conditions,most end in a share price retrace.I expect the same here unless ,,,but,.
    Cottee is no fool,he would know the same.
    I expect the resolution will be passed at the general meeting on 27/9/13.Enough time for progress news.

    Had a quick look at the options for Freestone,I assume they are included in the consolidation,seem to be so.?

    A concerned shareholder would suggest it would make more sense to consolidate AFTER the prod lic/surprise jv/oil production/etc.I tend to agree.

    Re TIMING, the consolidation does not bode well for the share price short term nor the options unless,,,,.
    I expect a pump on good news soon.

    cheers







 
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