CTP 0.00% 4.8¢ central petroleum limited

ann out!, page-5

  1. 4 Posts.
    One for two?! SnowKat, this is another slap in the face.

    If you recall, the SPP was for the monetisation of Surprise. They've still not managed to do that. Seems to me this mob is too busy spending our money on protecting themselves.

    Honestly, what on earth are they doing? Diluting the shareholders once again, and giving out even CHEAPER options, with a longer expiry date. At least MATCH the bloody things.

    The options released during the SPP were the same CTPO's that are exercisable at $0.16 and were so graciously "given" to us during the capital raisings. Suddenly they aren't good enough?

    Please note when we did the SPP, our price was LOWER and hence should have given us oppipes with a lower EX price. How can they justify giving these out now to the instos at higher prices.

    Where's the logic in that.

    DISGRACEFUL.
 
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