CTP

0.00%

4.8¢ central petroleum limited

Hassko, hope you will appreciate that when you engage all these...

First 7 Last

Share
Profile

Follow
norsc

1,215 Posts.

22

20/07/17

12:19

Post #: 25980006
Share

Originally posted by haasko ↑

Prato old chap,
what you and just about every other aggrieved poster ignores is the fact that the recommendation made by the BOD did not spring out of the ether unheralded. It was based on what I tend to agree was an overly massive document containing much analysis by EY and various independent and tech experts. Whether one agrees with the recommendation of the SoA at 20 cents or not, and I have gone on record as saying that I considered it an undervaluation of the company, the folk who generated the numbers should receive an equal tranche of opprobrium. If not more. The BOD themselves did not do the detailed analyses, in fact they most likely did not have the relevant expertise to do so, and I rather imagine if the studies had recommended 25 or 30 cents or whatever, the MB offer of 20 cents would n0t have been presented to us.
On inescapable observation is that some posters do not realise that an initial investment in what is a medium- high risk/high reward speccy can result in a loss and that seems to be the main gripe with the most vocal protestors. In my case I recognise this possibility , and admit that I voted in favour of the offer simply to get over it, move on, and put the surviving cash to some better use.
As it turns out, the hole is even now deeper and we have to put up with continued destabilisation, denigration and abuse of the individuals on the BOD by a number of the players on this forum for the basest of motivations. Shameful.
In my considered opinion.

Expand

Hassko, hope you will appreciate that when you engage all these independent EY experts & pay huge fees to all and sundry along the way...it sort of strangely just so happens that the numbers coincide...such that a deal can be done. All these big corporates (EY & Macquarie want a deal, that's their business )... Guess this is just business - yes?
It all Numbers & Numbers...

Last edited by norsc: 20/07/17

CTP Price at posting: 13.0¢ Sentiment: Hold Disclosure: Held
6 Upvote

0 Great analysis

Reply

Top Stories

MND

Monadelphous inks $200M contract with Woodside to help build Pluto LNG – but will it make Scarborough cheaper?

Nine's staff strike as Paris Olympic coverage begins

HRZ

Horizon firms up ore reserve for Boorara ahead of FY25 Q1 development decision

RHK

Red Hawk upgrades Blacksmith with DSO mineral resource at the Eagle Deposit

Capital raisings wrap: Brainchip, Ovanti, Lake and VHM

ASX Market Open: ASX200 to rise for Friday session | July 26

IGO

IGO kicks off earn-in copper drilling on-site Encounter's Yeneena play as it adopts new identity

TRP

Tissue Repairs soars nearly 32% on TGA approval for wound healing gel

NVA

Nova locks in NASDAQ US market listing at a value of only US$3.3M as ASX gets quieter and quieter

MIN

MinRes jumps 5% as the company meets production guidance – depressed iron ore prices be damned

There are more pages in this discussion • 27 more messages in this thread...

First 7 Last

Add CTP (ASX) to my watchlist

(20min delay)
Last 4.8¢		Change 0.000(0.00%)		Mkt cap ! $35.52M

Open	High	Low	Value	Volume
4.9¢	4.9¢	4.8¢	$2.624K	53.82K

Buyers (Bids)

No.	Vol.	Price($)
1	980647	4.8¢

Sellers (Offers)

Price($)	Vol.	No.
4.9¢	189266	2

View Market Depth

No.	Vol.	Price($)
1	980647	0.048
1	200000	0.047
1	100000	0.046
3	500000	0.045
2	190000	0.042

Price($)	Vol.	No.
0.049	189266	2
0.050	100000	1
0.055	450000	1
0.056	178589	1
0.059	25000	1

Last trade - 16.10pm 26/07/2024 (20 minute delay)

CTP (ASX) Chart

Hassko, hope you will appreciate that when you engage all these...

Monadelphous inks $200M contract with Woodside to help build Pluto LNG – but will it make Scarborough cheaper?

Nine's staff strike as Paris Olympic coverage begins

Horizon firms up ore reserve for Boorara ahead of FY25 Q1 development decision

Red Hawk upgrades Blacksmith with DSO mineral resource at the Eagle Deposit

Capital raisings wrap: Brainchip, Ovanti, Lake and VHM

ASX Market Open: ASX200 to rise for Friday session | July 26

IGO kicks off earn-in copper drilling on-site Encounter's Yeneena play as it adopts new identity

Tissue Repairs soars nearly 32% on TGA approval for wound healing gel

Nova locks in NASDAQ US market listing at a value of only US$3.3M as ASX gets quieter and quieter

MinRes jumps 5% as the company meets production guidance – depressed iron ore prices be damned

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

Hassko, hope you will appreciate that when you engage all these...

Top Stories

Monadelphous inks $200M contract with Woodside to help build Pluto LNG – but will it make Scarborough cheaper?

Nine's staff strike as Paris Olympic coverage begins

Horizon firms up ore reserve for Boorara ahead of FY25 Q1 development decision

Red Hawk upgrades Blacksmith with DSO mineral resource at the Eagle Deposit

Capital raisings wrap: Brainchip, Ovanti, Lake and VHM

ASX Market Open: ASX200 to rise for Friday session | July 26

IGO kicks off earn-in copper drilling on-site Encounter's Yeneena play as it adopts new identity

Tissue Repairs soars nearly 32% on TGA approval for wound healing gel

Nova locks in NASDAQ US market listing at a value of only US$3.3M as ASX gets quieter and quieter

MinRes jumps 5% as the company meets production guidance – depressed iron ore prices be damned

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News