With 105 Mil voting in favor of all resolutions and 5 Mil against, it is clear that CTP is now at the mercy of a predator.
Mac Bank who wanted the company last year , will no doubt still be interested now that the numbers against are so low.
I suspect, that an offer of another SOA will soon emerge at around the 15 cents mark.
Early 2018 will be the critical period, why would MB walk away from a certainty, they know the assets, they know the management and they know that time is running out , AND they have a lot of cash in the bank.
And that will be the end of it.
CB
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Last
5.0¢ |
Change
-0.002(3.85%) |
Mkt cap ! $37.74M |
Open | High | Low | Value | Volume |
5.2¢ | 5.2¢ | 5.0¢ | $36.09K | 702.2K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 115475 | 5.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
5.2¢ | 16159 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 55500 | 0.135 |
9 | 1167237 | 0.130 |
8 | 593133 | 0.125 |
19 | 902443 | 0.120 |
1 | 86000 | 0.115 |
Price($) | Vol. | No. |
---|---|---|
0.140 | 787079 | 9 |
0.145 | 1062465 | 10 |
0.150 | 344400 | 6 |
0.160 | 125481 | 8 |
0.165 | 497623 | 5 |
Last trade - 14.26pm 29/11/2024 (20 minute delay) ? |
CTP (ASX) Chart |