One would think the MD of a company like CTP would be aware of confusion caused by having a similar named company like Merlin Energy Australia tendering for a pipeline deal that CTP is very interested in being built, all the while knowing their own subsidiary, Merlin Energy Proprietary Limited, had nothing to do with the tender.
Now we know this is not the case, it remains to be seen if the market, the small CTP market, ... reacts.
If there was better communication from this company, CTP, I would be more positive.
CTP Price at posting:
13.0¢ Sentiment: None Disclosure: Held
