CTP 0.00% 5.2¢ central petroleum limited

With 105 Mil voting in favor of all resolutions and 5 Mil...

  1. 7,728 Posts.
    lightbulb Created with Sketch. 35
    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
 
watchlist Created with Sketch. Add CTP (ASX) to my watchlist
(20min delay)
Last
5.2¢
Change
0.000(0.00%)
Mkt cap ! $37.74M
Open High Low Value Volume
5.2¢ 5.2¢ 5.2¢ $25.62K 492.7K

Buyers (Bids)

No. Vol. Price($)
3 325000 5.0¢
 

Sellers (Offers)

Price($) Vol. No.
5.2¢ 8461 1
View Market Depth
Last trade - 12.19pm 29/11/2024 (20 minute delay) ?
CTP (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.