CTP 5.45% 5.2¢ central petroleum limited

Central Petroleum Shareholders Association, page-5

  1. 8,565 Posts.
    lightbulb Created with Sketch. 2835
    that's simply crazy imho.
    what a thing to say - and I suggest it comes from the bosom of an "agenda".
    if , big if, shareholders want to get rid of any CTP board member or mgt, there will be plenty of opportunity to do so.

    IMHO, what s/h need to do at this upcoming meeting, is to be rational!
    S/h simply do not have the facts. You cannot make a decision to hold or sell the company based on 1 posters "chip-on-shoulder".
    Get some facts first.
    Acting rationally would be to ask RC those questions to which s/h want answers. just for instance:
    - exactly what has CTP done to try and source alternate funding?
    - why were those alternate sources not attractive?
    - what is the process and capital items /infrastructure required by CTP to get into production? List them
    - what is the expected cost of that expenditure , and its timing?
    - what about pre-sales, J/V etc.
    - WHY can Senex get EIG, and not CTP???
    - IF Scheme is voted down, what is Plan B
    - what will RC and Board do if Scheme is voted down?

    CTP made claims as to WHY shareholders should vote Yes.
    so get the detail of WHY they make that claim.
    I know much of that will come out in the IER.
    But if RC just defers to the s/h to wait for the IER, then how can the Board make that recommendation with them having the IER?? So they must have their reasoning already?
 
watchlist Created with Sketch. Add CTP (ASX) to my watchlist
(20min delay)
Last
5.2¢
Change
-0.003(5.45%)
Mkt cap ! $38.48M
Open High Low Value Volume
5.2¢ 5.2¢ 5.1¢ $2.417K 46.58K

Buyers (Bids)

No. Vol. Price($)
1 61015 5.2¢
 

Sellers (Offers)

Price($) Vol. No.
5.4¢ 1825 1
View Market Depth
Last trade - 11.40am 06/08/2024 (20 minute delay) ?
CTP (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.