CTP 3.64% 5.3¢ central petroleum limited

so BC or QGC has paid 13.5 million for the companyand its first...

  1. 801 Posts.
    so BC or QGC
    has paid 13.5 million for the company

    and its first share of the drilling expenses 4.5 m.

    18 odd mill to get a foot in the door......Not bad.

    18 m for 20%
    72 m for 80%

    63 million shares ,13 million cash = $0.18

    250 mill shares, 72 million cash= = $0.29

    and that isnt even taking into account that there 18m didnt buy them anything more than a return and a commitment to payout funds. It gives them no real control or say in where we go.

    I can see some serious share price movement when a new direction is put in place.
 
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Last
5.3¢
Change
-0.002(3.64%)
Mkt cap ! $39.49M
Open High Low Value Volume
5.5¢ 5.5¢ 5.3¢ $83.26K 1.516M

Buyers (Bids)

No. Vol. Price($)
2 234750 5.3¢
 

Sellers (Offers)

Price($) Vol. No.
5.5¢ 340510 1
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