CTP 1.85% 5.3¢ central petroleum limited

joint ventures, page-66

  1. 3,084 Posts.
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    "At a price of $0.09, somewhat above last closing price, it would be possible to acquire a 19.9% shareholding in CTP..
    for only $4,522,423..plus brokerage of course.."

    Doesn't that require 19.9% of shares to be for sale at that price?

    I wouldn't sell mine. I think that a large portion of the shares are being held long term now.

    Karl
 
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5.5¢ 300000 1
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