CTP 0.00% 5.2¢ central petroleum limited

Ann: Market Speculation, page-4

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  1. 12,053 Posts.
    lightbulb Created with Sketch. 6839
    A very strange announcement.

    Are ASX listed companies now at the whim of facebook and twitter???

    Surely it would be best to simply follow up with the relevant people making the assertions.

    I must admit I am really surprised a the fall in the SP over recent weeks. I do agree that the small capital raising was a sign of weakness. CT should have simply raised the required amount to pay for the Total Farmin costs. By not doing it, the 'market' was/is always wondering just how CTP will pay.

    Not sure what to hope for in the immediate future. A possible farmout of the the acreage Santos dropped?
    Perhaps they will be able to lock in some more sales of gas, but even then, I wonder what will restore confidence in CTP. Hmm.
 
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