CTP central petroleum limited
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there will not be another SoA WE HAVE JUST RECEIVED 25 MILLION...

  1. gasoroil
    2,130 Posts.
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    28/08/17
    19:24
    Post #: 26816766
    there will not be another SoA WE HAVE JUST RECEIVED 25 MILLION TO DRILL
    Why on earth would the board say yes after raising money to drill
    we have been told all blue skies
    any such attempt would be suicide to the board and probably never work again
    they wanted a second chance as a board will they screw up again
    wouldn't dilution to achieve a takeover after the first fiasco and mac the underwriter suspicious to say the least
    mac wants as big a cut to the pie possible,if mac gets 10 percent no one else will come with a cheap bid
    they after all hold 50 percent of ex santos field
    CTP Price at posting: 10.5¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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