CTP
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0.00% 4.9¢ central petroleum limited

Sydney meeting, page-79

  1. nitrogeon
    2,214 Posts.
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    15/03/17
    15:16
    Post #: 23369046
    RC said we are just scraping by at the moment in terms of making a profit. If there is some type of adverse event CTP could easily default on its debt obligations and MQG gets our gas assets for nothing, leaving us worthless. If this scenario happens shareholders get nothing, zilch, nada, zero.

    Personally this is not a chance I want to take.
    CTP Price at posting: 20.3¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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