CTP
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0.00% 5.3¢ central petroleum limited

renounceable shares, page-13

  1. karll
    3,084 Posts.
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    11/03/10
    19:16
    Post #: 6437505
    Tez wrote:

    "I currently own 200K shares. If I'm understanding the proposal I'll be entitled to buy 100K at 7.5c and will receive 40K oppies. I own no options at this time.
    Given there's no bad news and I like what's proposed beyond the offer I think I will/would take up my allotment."

    Tez, if the information was correct, I believe that when you are entitled to buy 100k you would get 20k free options, not 40k.
    CTP Price at posting: 10.0¢ Sentiment: LT Buy Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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5.3¢ 		Change
0.000(0.00%) 		Mkt cap ! $39.22M
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