CTP 0.00% 5.3¢ central petroleum limited

Hi, Sav.. Good to hear from you!! I guess that the raising of...

  1. 1,834 Posts.
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    Hi, Sav.. Good to hear from you!! I guess that the raising of capital will be the primary need before to long...

    Unfortunately, apart from the constraints imposed by the current share price, of any further arrangements with Zwirn & Co., DBZ are in the invidious position of having Daniel pay his office rent from his own pocket..Plus all kinds of anti-trust filings have been initiated by the US authorities against DBZ...I would imagine that source of funding is definitely no longer viable...

    Considering the current CTP share price, (primarily a reflection of market perceptions and not really company specific), then I do not believe an approach to shareholders would be either appreciated or fruitful, at this time, but definitely the way to approach funding needs when there are a few runs on the board....

    I hope all is well with you and that you are not personally involved in the publicized Corporate downsizing!!









 
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