Just a question and am interested to hear anwsers.
Over the last 6 months CTP's market cap would
average around $60mill...
Why would a big fish or even a medium one for that matter want to get into bed with CTP on a joint venture?
Why not just take them over... look what you'd get exploration rights of over 270,000 sq km's of land,reams of reports,valuations,data on OIL,GAS,COAL,SHALE,HELIUM not to mention a top management team.
What is that worth?
10cents a share at 100mill
15cents a share at 150mill
20cents a share at 200mill...What would you be happy with?
But if there were no fish out there and we were on our own would a cap raising..say another billion at around 4.5cents that would give us $45 mill get us out of jail and prove to the big fish come and join us would you be happy with that?
Whats your choice...Take over or cap raising?
whats your choice?
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Last
13.5¢ |
Change
-0.005(3.57%) |
Mkt cap ! $97.66M | |||
| Open | High | Low | Value | Volume |
| 14.0¢ | 14.0¢ | 13.5¢ | $70.91K | 513.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 12 | 790175 | 13.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 14.5¢ | 420990 | 6 |
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| Last trade - 16.10pm 02/03/2021 (20 minute delay) ? |
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Last
13.5¢ |
Change
-0.005 ( 3.57 %) |
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| Open | High | Low | Volume | ||
| 14.0¢ | 14.0¢ | 13.5¢ | 131752 | ||
| Last updated 15.54pm 02/03/2021 (live) ? | |||||
| CTP (ASX) Chart |