CTP 6.00% 5.3¢ central petroleum limited

chaps,once the DBZ arrangement was reasonably well explained,...

  1. 741 Posts.
    chaps,
    once the DBZ arrangement was reasonably well explained, most of us agreed it was a very good thing indeed. however it had a floor price of 15 cents which CTP has been below for a lengthy time and therefore not useable. also it was only allowed by the asx for a fixed term which is just about expiring if i remember correctly and is why it is put up for shareholder approval again this meeting as resolution 1. as well as the new floor price of course. so until the arrangements are formally approved (hopefully anyway) at the June 8 meeting, there is no bond to call on. the old players on this thread will be aware of this, but this may clarify things for the newerbies.
 
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