- Growing presence of Canadian institutions on Centrals Share Register
- Central has significant share price upside relative to other central Australian focussed TSX listed companies, given its acreage position and resource potential
- Interest expressed by leading North American investment banks
Central Petroleum Limited (ASX:CTP) (“Central” or the “Company”) is conditionally planning to list on the Toronto Stock Exchange (TSX) and to review potential joint ventures and capital raising assistance with North American companies. Action is required to proactively highlight the current share price disparity relative to other TSX listed companies with a central Australian focus but with much smaller prospective acreage packages. Central wants to realise a more appropriate share valuation than the current share price which is being capitalised on by some as seen in an increasing presence of Canadian institutions on Central’s share register.
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