CTP
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3.85% 5.4¢ central petroleum limited

announcement - capital raising, page-12

  1. skyrocketer
    1,496 Posts.
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    06/02/12
    15:29
    Post #: 9651581
    $17.55m inclusive of SPP and top up placement

    - $8.8m cash burn for Q1 estimated in Qtrly.

    $8.75m left after March 2012. Could last through the EPT. Hopefully some sustained good oil flow during the EPT and the determine

    18% dilution based on 180m new shares to be issued.

    Based on the dilution of 18% MC, SP of 5.5cps after 9 Feb with 180m shares are issued will be equivilent to the current SP of 4.5c.
    CTP Price at posting: 28.0¢ Sentiment: Sell Disclosure: Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

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