CTP 2.04% 5.0¢ central petroleum limited

the 3k/7k lots, page-11

  1. 3,820 Posts.
    Yes jakspara. It's crucial management issues like these that always seem to leave alot to be desired on the part of our Commondant. Like we have been saying for many many moons now; Let us hope he is a much better geologist than director. In his defence, signs seem to say that he well may be.

    bondijim and Will2rob, IIRC there is a limit by way of percentage that new shares may be issued without shareholder approval, within any twelve month period. Now alot were issued at the last CR. So if it is oversubscribed it may need to wait for an EGM, or be scaled back to be within ASIC guidelines. But who cares really? You'll be able to pick them up on market this week, close to 8.6 anyway. All IMHO only.
 
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