CTP central petroleum limited
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The failure of one capital raising in November 2015 constitutes...

  1. NegativeInvestment
    1,150 Posts.
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    10/03/17
    08:49
    Post #: 23238881
    The failure of one capital raising in November 2015 constitutes a lack of shareholder support?

    Seems a bit harsh. From memory the raising price was significantly above the share price, and to support it would have been an irrational investment decision.

    I don't really see the loss of Total as a significant setback. It had already been completely discounted by the market and we can use that money better elsewhere in the short to medium term.
    CTP Price at posting: 16.5¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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