SHAREHOLDER SYNDICATE BID TO PRIVATISE CTP, page-6

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aabbaadd

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24/03/20

09:07

Post #: 43660433
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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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Santos have slashed all spending for 2020. CTP Board enthusiasm for prompt return to complete drill Dukas looks like failing. Morgans have reduced their price target for CTP 65% to 7 cps. 5 cps is rapidly approaching. Time for syndicate to organise.

CTP Price at posting: 6.9¢ Sentiment: None Disclosure: Held
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(20min delay)
Last 5.5¢		Change 0.000(0.00%)		Mkt cap ! $40.98M

Open	High	Low	Value	Volume
5.5¢	5.5¢	5.4¢	$3.378K	61.62K

Buyers (Bids)

No.	Vol.	Price($)
1	513796	5.3¢

Sellers (Offers)

Price($)	Vol.	No.
5.5¢	123872	2

View Market Depth

No.	Vol.	Price($)
1	513796	0.053
4	756468	0.052
4	940000	0.051
4	560000	0.050
1	100000	0.044

Price($)	Vol.	No.
0.055	123872	2
0.056	15000	1
0.058	6030	1
0.059	326120	2
0.060	150000	2

Last trade - 15.58pm 23/07/2025 (20 minute delay)

CTP (ASX) Chart

SHAREHOLDER SYNDICATE BID TO PRIVATISE CTP, page-6

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SHAREHOLDER SYNDICATE BID TO PRIVATISE CTP, page-6

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