REQUEST FOR A TRADING HALT
Pursuant to ASX Listing Rule 17.1, Central Petroleum Limited (“Company”)
(ASX:CTP) requests a trading halt to its securities effective immediately, pending an
announcement to be made by the Company regarding a proposed material asset sale
The Company requests the trading halt be in place until the earlier of the
commencement of normal trading on Wednesday, 26 May 2021 or when the
announcement is released to the market.
The securities requested to be placed in a trading halt are CTP.
The Company is not aware of anything that would prevent a trading halt from being
This request was approved and authorised for release by Leon Devaney, Managing
Director and Chief Executive Officer.
Central Petroleum Limited
courtesy of Bell Direct
i do not hold this share
from prato, and I am of the same thinking as him;
"If it’s to sell to drill/ explore then get on with it.
No more delays. We will find out soon enough if LD cut a good deal or we were done again. I shall wait and see.
Not in the least excited as we have been down this road so many times where the SP improves momentarily and then inevitably slides back again. Obviously LD could not negotiate a farm in, so this is his last resort. I hope he comes up trumps. "
My email last night seemed to have done something :)
but sell WHAT ???
how many salable assets does CTP have left
after all it is supposed to be price sensitive
and they have a current JV with IPL so i reckon any cash will go towards retiring the ( MB ) debt or exploring in the JV area