CTP 1.85% 5.3¢ central petroleum limited

Is it likely that Macquarie could get nasty after selling down...

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  1. 767 Posts.
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    Is it likely that Macquarie could get nasty after selling down their stake in CTP, and then call in all their loans and force a sale of our shares by force to cover the companies debts held by Macquarie Bank ? They are fairly ruthless, the millionaire's factory. I hope I am wrong but the laws about conflicts of interest seem to be fairly lax in Australia and the rest of the world. Banks can still be lender and investor with no real limits on their power, conflicts of interest, or predatory behavior. The new financial services Royal Commission may be some protection, but possibly not in time to save us from being robbed.
 
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Last
5.3¢
Change
-0.001(1.85%)
Mkt cap ! $37.74M
Open High Low Value Volume
5.5¢ 5.5¢ 5.3¢ $39.37K 724.3K

Buyers (Bids)

No. Vol. Price($)
4 350627 5.3¢
 

Sellers (Offers)

Price($) Vol. No.
5.4¢ 209525 1
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Last trade - 16.10pm 25/11/2024 (20 minute delay) ?
CTP (ASX) Chart
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