CTP 3.70% 5.2¢ central petroleum limited

Help me out here, as I have no clue, if DBZ has converted all...

  1. 62 Posts.
    Help me out here, as I have no clue, if DBZ has converted all bonds and could have up to 39,000,000 shares of CTP, but only holds 75,000 odd currently. They must be being sold openly on the stock market, correct? So receiving another 6.5million shares today and given the past outcome DBZ will more than likely off load these shares soon however given there isn’t a demand for CTP big enough to absorb that amount at the current price, would force the price lower??? Any clarification appreciated.
 
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Last
5.2¢
Change
-0.002(3.70%)
Mkt cap ! $38.48M
Open High Low Value Volume
5.5¢ 5.5¢ 5.2¢ $11.47K 217.1K

Buyers (Bids)

No. Vol. Price($)
2 150000 5.1¢
 

Sellers (Offers)

Price($) Vol. No.
5.2¢ 14941 1
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Last trade - 15.20pm 21/08/2024 (20 minute delay) ?
CTP (ASX) Chart
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