Looks like none of the 4 superlots (or islands) were sold at Martha Cove. The offers weren't good enough, apparently they were after $30mil each not $30mil for all. Although the EOI was only aimed at local investors, so maybe they'll go after foreign investors now? In the meantime, there's that CBA loan of $110mil to deal with...hence the suspension. According to Phil Sullivan, CPK doesn't need to sell at any price. But if the bank plays hardball who knows....
CPK Price at posting:
0.0¢ Sentiment: LT Buy Disclosure: Held