Does this capital raising mean the company has completely lost hope of getting these options in the money and converted.
Very disappointed as i've held these CTPOA's for two years plus and waited for all the announced drilling campaigns to take place. Now we're talking about 2nd half 2010.
Not good enough management... I believed all the announcements since the beginning of 2008... and nothing has happened. Doesn't the management realise there are people who have invested their hard earned in these options with expectations of converting... only to be sold out by these continuous bond conversions and capital raisings.
3.5 months until these options expire... not happy with chances but hanging in there.
If anyone says option holders are not real shareholders I'm gonna vomit... I believe in CTP... my investment is just running out of time...
CTP Price at posting:
8.4¢ Sentiment: LT Buy Disclosure: Held
