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Bullboard - Stock Discussion Forum Centaurus Energy Inc V.CTA

Alternate Symbol(s):  CTARF

Centaurus Energy Inc. is a Canada-based company. The Company is focused on managing the future proceeds from the Overriding Royalty Interest payable by Pan American Energy, (the PAE ORRI), which may include investment in new endeavors and/or capital returns.

TSXV:CTA - Post Discussion

Centaurus Energy Inc > headed to signal digits again, then
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Post by Walkswithcoffee on May 05, 2019 11:04am

headed to signal digits again, then

as pre my prior expectation that thie sp would go to signal digits, which it did, the sp is again headed to single digits, but with a difference this time.

there will be no meaningful bounce, maybe a week or two temporary bounce, followed by a re-org, reverse split 5:1 or 10:1, then the typical dribble down to signal digets after a reverse split

the current partner will finance but only after taking 80% of the company

IM (not so) HO

Walks
Comment by JSafd29 on May 05, 2019 11:28pm
Current management can provide finance and then convert but conversion price is fixed at 0.225 CAD so single digits price would not be a boon to them. 
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