CTP 2.00% 4.9¢ central petroleum limited

Ann: Quarterly Activities Report & Appendix 5B, page-3

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    "Net debt was $0.4 million at 31 March, down significantly from $4.4 million at the endof December as a result of the positive cash flows this quarter. Underlying debtoutstanding was $24.6 million, down from $25.8 million at the end of December".

    Net debt looking better, me personally would rather the company reduce debt instead of paying a dividend.
 
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