CTP 1.96% 5.0¢ central petroleum limited

"e?e???ta e?at?µ??e?a ?at? st?? t??pa"is it all greek to you?i...

  1. 95 Posts.
    "e?e???ta e?at?µ??e?a ?at? st?? t??pa"

    is it all greek to you?

    i will translate it

    "ninety million down the whole"

    is it all greek to you still?

    i will explain

    since it`s inception,creation,birth

    (is it five years yet?)

    ctp

    has manage to blow 90 million dollars

    90.000.000 !!!!

    yes 90 million dollars of shareholders money.

    ctp managing director jh contribution all this time

    0.002% (couple of thousand dollars).

    five year end result (profit ,discoveries,jv`s)=

    00.000.000

    share profit(dividends etc)=

    00.00

    share price value=

    down more than 75%.

    share dilution =

    20 times

    yes that is correct x20,with options,the share

    dilution after the ipo is more than twenty times

    ---everything else is fine

    ps:what are the big shareholders thinking?

    (to bad shrimpy is not around ,it would have

    been interesting to read his opinion)

    Im very dissapoint in mr heughy
 
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