CTP 10.0% 5.5¢ central petroleum limited

potential 10% spec trade, page-2

  1. 146 Posts.
    I agree this one has a compicated set-up and there is some hint of boardroom jostling - see main CTP thread. As far as I'm concerned, the driver will be the announcement of a firm drilling schedule, and clarification of BG's involvement going forward. I'm holding, because I think the reward / risk is favourable, as it has already been sold down heavily as a result of the recent SPP and options issue.
 
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