CTP 0.00% 5.0¢ central petroleum limited

are bonds capping sp of ctp , page-7

  1. 3,084 Posts.
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    "1) CTP can only draw $1m each tranche & can only draw every mth or so before affecting sp in a big way
    2) Look at CTP's sp over the last 9 mths we've gone backward even though we've started drilling & confirmed coal resources"

    1) It was my understand that we could call on the tranches more often, if required. 45 days just kept it active.

    2) We've had the bonds for longer than 9 months, how does the last nine months differ?

 
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