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5.0¢ central petroleum limited

Avenger, the point you have made resonates with me. As a...

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POaktree

46 Posts.

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19/03/17

14:54

Post #: 23463405
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Originally posted by The Avenger2 ↑

You probably mate is you don't understand future value, landholding, reserves, dividends forgone and the rest. Wake up and smell the roses once this falls into private hands Mac bank don't have any disclosure requirements and hence you can kiss goodbye to any CVN. They can get away with simply saying nothing there and you get zip. CPSA will fix this up and they need to -
Step 1 - no vote
Step 2 - new board
Step 3 - litigation
The only way I vote YES is if the CVN is made non- conditional and with a guarantee of minimums and max set by independent official reserves review. Like I said I'd this moves to private company you get nothing

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Avenger, the point you have made resonates with me. As a finance/investment professional working in private markets it has never been desirable to be in a position where I have to depend upon a third party to achieve a desired outcome.

CTP Price at posting: 20.0¢ Sentiment: Hold Disclosure: Held
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(20min delay)
Last 5.0¢		Change 0.000(0.00%)		Mkt cap ! $37.74M

Open	High	Low	Value	Volume
5.0¢	5.1¢	5.0¢	$27.35K	543.1K

Buyers (Bids)

No.	Vol.	Price($)
1	66628	5.0¢

Sellers (Offers)

Price($)	Vol.	No.
4.7¢	15	1

View Market Depth

No.	Vol.	Price($)
1	66628	0.050
2	548291	0.049
3	125520	0.048
2	173952	0.045
1	50000	0.044

Price($)	Vol.	No.
0.047	15	1
0.054	96556	1
0.056	19995	1
0.058	172431	1
0.060	122209	3

Last trade - 15.33pm 10/09/2024 (20 minute delay)

CTP (ASX) Chart