CTP central petroleum limited

How much effort do you expect other people to do? A significant...

  1. 8,120 Posts.
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    How much effort do you expect other people to do?

    A significant amount of time and effort was put into ND, more than OC did I can assure you, ND had the better candidates and polices and offered a solution to OC that would have seen a united front.

    I have moved onto several stocks that are far more profitable, and in any event I think that there is absolutely NO HOPE of any one spilling the current BOD due the CR and the amount of shares held in friendly hands, NOT even Mr Troy H could create a board change with all the shares he holds.

    In my opinion the ONLY hope is to get all of the small shareholders to consolidate and vote as a block and then you MAY have a hope of stopping any future SOA

    You have got a snowballs chance in hell of making that happen.

    There is an OUTSIDE chance that the new board will drill and enter into contracts BUT I doubt it. a new SOA will probably be in the order of 20 cents, so effectively MB would also get $25 MIl in cash and only pay around 90 Mil for CTP less $25 Mil cash on hand

    CB
    Last edited by Camdenbob: 28/10/17
 
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(20min delay)
Last
5.5¢
Change
0.001(1.85%)
Mkt cap ! $40.98M
Open High Low Value Volume
5.4¢ 5.5¢ 5.4¢ $91.62K 1.696M

Buyers (Bids)

No. Vol. Price($)
1 449381 5.4¢
 

Sellers (Offers)

Price($) Vol. No.
5.8¢ 6030 1
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Last trade - 15.59pm 27/06/2025 (20 minute delay) ?
CTP (ASX) Chart
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