CTP 1.89% 5.4¢ central petroleum limited

CPSA Update - The Nail in the Coffin?, page-53

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    "Why would management tell the world what a terrible position the company is in? i.e. RC before scheme is binding."

    Because if it is price-sensitive then the ASX requirement of continuous disclosure kicks in. I don't think I'm alone in feeling lied to by Cottee (either before the offer or since, I'm still having trouble working out which). Either way, I'm not happy about it.
 
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