CTP 1.85% 5.3¢ central petroleum limited

I dont hold this stock, but I am interested for sure.What...

  1. 525 Posts.
    I dont hold this stock, but I am interested for sure.

    What confuses me, is why announce a Cap raising if management "allegedly" already knew there were issues with the flow?

    I doesnt make any sense, as it only means no one will take up the offer, they will look very bad, as it now appears.

    Nevertheless, I am sorry for holders who have lost here, but I can't see how management are gaining, other than from Patersons raising, which I am sure they will be suffering for now, or at least be getting the wip...

    Logic would be that they have something up their sleeve, but I am not ready to get on board just yet.

    Good luck
 
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Last
5.3¢
Change
-0.001(1.85%)
Mkt cap ! $39.49M
Open High Low Value Volume
5.3¢ 5.3¢ 5.2¢ $4.152K 78.33K

Buyers (Bids)

No. Vol. Price($)
1 90146 5.3¢
 

Sellers (Offers)

Price($) Vol. No.
5.4¢ 37507 2
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Last trade - 12.41pm 12/11/2024 (20 minute delay) ?
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