CTP 6.00% 5.3¢ central petroleum limited

If has been told to me; that the CR will involve Renounceable...

  1. 11,084 Posts.
    If has been told to me; that the CR will involve Renounceable shares, I personally will not have the cash available to take advantage of the offer, .... except to sell a portion within the offer time frame, say at 9-10c, (at least above 7.5c), then purchase my entitlement plus the free options.

    This would be a good outcome for my CTP porfolio, ... if it happens that way, as I would have increased my holding without spending anything.

    Unless there is good announcement/s within that period, IMO, the SP could come down to 7.5c. as I think a lot of others could be in the same boat as I.

    I'm looking forward to those good announcements.

    Regards, Ravi
 
watchlist Created with Sketch. Add CTP (ASX) to my watchlist
(20min delay)
Last
5.3¢
Change
0.003(6.00%)
Mkt cap ! $39.22M
Open High Low Value Volume
5.5¢ 5.5¢ 5.3¢ $8.576K 158.3K

Buyers (Bids)

No. Vol. Price($)
1 10000 5.2¢
 

Sellers (Offers)

Price($) Vol. No.
5.3¢ 64939 1
View Market Depth
Last trade - 16.10pm 16/08/2024 (20 minute delay) ?
CTP (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.