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6.5¢ central petroleum limited

SHAREHOLDER SYNDICATE BID TO PRIVATISE CTP, page-3

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aabbaadd

1,054 Posts.

139

23/03/20

20:25

Post #: 43655414
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Originally posted by aabbaadd: ↑

CTP will likelty trade around 5 cps during short to medium term Coronavirus insanity.

With around 770, 000, 000 million shares on issue that puts market value of around AU $ 38, 500, 000 on CTP.

Shareholder syndicate could bid 5 cps and take company private.

As private company shareholders could then access all previous Board papers and evaluate staff behaviuor and decision making.

Action to persue previous dubious executive / Board behaviour could then be intiated with view to recovering some wealth.

Shareholder syndicate ownership would bring an end to continuing rediculous CTP mess.

I invite shareholders to persue the idea.

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About 8000 shareholders each putting in AU$4812.50 would raise the $38, 5000, 000 required. Easy. Lets do it.

CTP Price at posting: 6.9¢ Sentiment: None Disclosure: Held
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(20min delay)
Last 6.5¢		Change 0.000(0.00%)		Mkt cap ! $48.11M

Open	High	Low	Value	Volume
6.5¢	6.5¢	6.5¢	$5.07K	78K

Buyers (Bids)

No.	Vol.	Price($)
1	196652	6.5¢

Sellers (Offers)

Price($)	Vol.	No.
6.8¢	244890	3

View Market Depth

No.	Vol.	Price($)
1	196652	0.065
1	35416	0.064
2	11847	0.060
1	10033	0.059
1	75000	0.058

Price($)	Vol.	No.
0.068	244890	3
0.069	200000	1
0.070	206805	2
0.071	20000	1
0.072	25262	2

Last trade - 10.15am 30/04/2024 (20 minute delay)

CTP (ASX) Chart