Central Petroleum Limited (AU:CTP) has released an update.
Central Petroleum Limited has finalized its small parcel share sale, selling 6,492,141 shares from 2,289 shareholders at an average price of A$0.0513 each. This move is expected to streamline the company’s shareholding structure and reduce administrative costs. Shareholders involved in the sale are set to receive their payments and detailed documentation by June 28, 2024.
For further insights into AU:CTP stock, check out TipRanks’ Stock Analysis page.