Aren't they pitching individual assets via investment bankers to potential buyers? That's my read- they've put it out there that they're open to offers. They haven't managed the assets to show their underlying worth hidden within the CTP shell reflected in a share price near lows (again). If they can't realise 'value' you either need a new executive or you sell I guess. Thing is, if they get reasonable offers for some assets but not all I want the cash. I don't want it left in the CTP shell with these guys, not after what little progress has been made after selling half their production assets for a decent price but frittering the proceeds away.
CTP Price at posting:
9.0¢ Sentiment: None Disclosure: Held
