CTP 10.0% 5.5¢ central petroleum limited

? really a capital raising, page-17

  1. 1,705 Posts.
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    "I personal DONT think the share price will be affected much
    as I do believe JH will "counter it" with some SP sensitive Ann. to balance the Cap rising."

    asx, the bond conversion, in parcels of 5million shares or so, have been MORE than enough to cap the share price at 10c.

    Falling short of an act of god, there is going to be negative pressure on the share price after increasing the share pool by 50%, or 300 million shares. There is no realistic news that can counter such a massive influx of new shares that I can think of.

 
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