CTP 0.00% 5.2¢ central petroleum limited

bond conversion price, page-2

  1. 8,112 Posts.
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    Dear Donald,

    Do you think that the Bonds may also force the price up.

    If I (or you) bought them at current prices "Current SP 11.5 But if Sp can be held at around 11c for next 2 days then Bond Conversion rate will be 9.936! G"

    Then isnt it their intersts to get the SP back to 14 cents and make 40% profit ?

    If that be correct, and I dont know if they can manipluate the market to that extent then that must be a positive.

    Give me your best shot Donald.

    CB



 
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