CTP 0.00% 4.9¢ central petroleum limited

Why now? The TIMING for this share consolidation needs...

  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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