re: News: Central Petroleum (ASX:CTP) bound f... As I have said before (post 6721174), I think the recent plethora of media activity is good strategic work to creating a bidding market.
The key to success when you're seeking a JV partner, or a buyout etc, is to have multiple organisations bidding for the same asset. That way, they bid up the price.
Creating a sense of urgency, a compelling event etc, is part of that. That is what CTP are doing at the moment. We're getting media activity consistently.
I will buy a hat (of my own choosing - ie an ice cream hat cake) and eat it if there is a JV.
Guys, I don't know if you see it, but this is really good play by CTP. You might bag JH, but there are clearly some smart operators there - IMO.
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re: News: Central Petroleum (ASX:CTP) bound f... As I have said...
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2 | 491700 | 0.049 |
2 | 448188 | 0.048 |
1 | 130000 | 0.047 |
3 | 273952 | 0.045 |
Price($) | Vol. | No. |
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0.055 | 100000 | 1 |
0.056 | 19995 | 1 |
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