- ABN Newswire•15 days ago
Brisbane, Australia, Mar 10, 2017 - (ABN Newswire) - The Board of Directors of Central Petroleum Limited (ASX:CTP.AX - News) (OTCMKTS:CPTLF) ("Central") is pleased to announce it has unanimously recommended an improved proposal from Macquarie MPVD Pty Limited ("Macquarie MPVD"), a subsidiary of Macquarie Group to acquire all shares in Central not already held by Macquarie MPVD or its related bodies corporate by way of a scheme of arrangement ("Scheme") in accordance with the Central Scheme Deed which is attached to this announcement ("CSD")(see the link below). Macquarie MPVD's revised proposal is to offer for each share in Central cash consideration of $0.20 plus a Contingent Value Note1 ("CVN"). The value of the CVN will be determined by the success of exploration on Ooraminna retention licences, the Palm Valley Deep prospect, the Mt Kitty discovery and certain exploration licences in the Santos Southern Amadeus Basin joint venture in the 4 years following completion of the Scheme.
- ABN Newswire•17 days ago
Brisbane, Australia, Mar 8, 2017 - (ABN Newswire) - The Directors present their report on the consolidated entity consisting of Central Petroleum Limited (ASX:CTP) (OTCMKTS:CPTLF) and the entities it controlled ...
- ABN Newswire•3 months ago
Brisbane, Australia, Dec 13, 2016 - (ABN Newswire) - The Board wishes to update shareholders on the Central Petroleum's ("Central" or "Company") (ASX:CTP.AX - News) (OTCMKTS:CPTLF) corporate and commercial position. As previously announced, the Company recently received an indicative non-binding takeover proposal from Macquarie SCT Pty Ltd, an entity of Macquarie Bank ("Macquarie"), which the Board rejected as being not in the interests of shareholders. Macquarie is now conducting Due Diligence, with a view to considering another proposal.
CTP.AX: Summary for CENT PETRL FPO - Yahoo Finance
Central Petroleum Limited (CTP.AX)
ASX - ASX Delayed price. Currency in AUD
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|Day's range||0.20 - 0.20|
|52-week range||0.08 - 0.22|
|PE ratio (TTM)||-4.55|
|Dividend & yield||N/A (N/A)|
|1y target est||N/A|