CTP 10.0% 5.5¢ central petroleum limited

announcement out, page-29

  1. 9,733 Posts.
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    Hi will, considering they would have been sitting on a loss for quite a while at around $500,000 recently, probably decided to lock in any profit and get out (phew, wipes sweat from brow and walks away). If you look at their business model the higher risk strategy of CTP may not have fitted that, although they have a couple of other spare change investments that would sit in that catagory also, perhaps hoping to turn a small profit and bail on those also?
 
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