CTP 3.85% 5.0¢ central petroleum limited

CB - I cannot understand why MBL would launch another Scheme or...

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  1. 6,942 Posts.
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    CB - I cannot understand why MBL would launch another Scheme or T/O at 20c, or less, when MBL has been selling down at a loss at around the 8c - 9c level.
    I know that there are supposed to be Chinese Walls in these situations, but surely MBL would have a really good idea about whether an affiliate entity was going to launch a new t/o?
    The only conclusion I can come up with, is that MBL has walked away. at least for the medium term. maybe waiting to see how CTP go with their new drilling campaign.
    Happy to hear other views.
    cheers
    ps - shares "HELD" (but cannot edit it)
    Last edited by jake0002: 28/10/17
 
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