Opinion
Central Petroleum’s raising a challenge
SARAH THOMPSON AND ANTHONY MACDONALDOnshore explorer Central Petroleum has run in to trouble with its $11 million institutional capital raising, with mining billionaire Clive Palmer understood to be at the heart of the problem.
Central placed its shares in a trading halt early Wednesday, citing notification of a court injunction relating to settlement of last week’s placement.
Loading...
Subscribe to gift this article
Gift 5 articles to anyone you choose each month when you subscribe.
Subscribe nowAlready a subscriber?
Introducing your Newsfeed
Follow the topics, people and companies that matter to you.
Find out more