CTP would likely have right of first refusal written into the original JV contract. I would be very surprised if they didn't.
So I suspect CTP would have been offered it, and needed funding, but their cash cow of MB unsurprisingly declined to help them out this time.
Ann: Santos sells its Mereenie interest to Macquarie, page-7
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Last
5.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $38.75M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 632714 | 5.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.4¢ | 30000 | 2 |
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