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7.69% 4.8¢ central petroleum limited

Hi Karll, Only thing is, that without the SPP's in the past, my...

  1. ravishankaray
    11,084 Posts.
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    24/09/14
    10:53
    Post #: 14019719
    Hi Karll,
    Only thing is, that without the SPP's in the past, my buy in price would have been double what it is now, from when SP was pre consolidation 16-20c, participated in SPP's and got cost down to around 10c, .... (80c-$1) & (50c)

    So, now CR only with Institutions, shareholder can not lower cost as well as more shares in the company.

    My understanding was that he would not do any capital raisings at all, but if he did, would favourably involve shareholders, like was done pre Cottee's ROT.
    CTP Price at posting: 30.5¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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