CTP 3.85% 5.0¢ central petroleum limited

Ann: Central Petroleum to Commence East Coast Gas Sales, page-24

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  1. 1,021 Posts.
    lightbulb Created with Sketch. 36

    Hey I get it...... Market wants to see profits ( able to pay debt). Seriously that makes sense.

    However........Hmmmmmmm............ I do ask myself why this was not mentioned over the last years. I mean we were always in debt. 

    I guess now that the pipeline is open and ' apparently' we are pumping gas, debt is the only thing left to blame. Oh, and the new directors as well according to some.

    Sceptical I remain as I cannot believe the SP stagnates when we announce we are on stream. Going on past history, the SP has spiked on way less news.

    Again, I stand to be corrected , which means we will all have to wait a couple of years at least to see any worthwhile movement in the SP, and I am not talking about 18cents or 25 cents.

 
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