CTP 2.86% 6.8¢ central petroleum limited

""(As we all know, you need more than one bidder to achieve a...

  1. 24,386 Posts.
    lightbulb Created with Sketch. 176
    ""(As we all know, you need more than one bidder to achieve a good price at this auction.)""

    And who would that be when they are looking down the gun barrel of MQG.??

    Good luck to everyone. That is all I can say.

    We have no money to do anything hence why what is happening at the present time, and Macquarie isn't ready and willing to give us some more either.

    I only hope that someone "didn't go all in in this one" after reading the crap which was posted around these threads for a while. If that happened, well for some of them they will find it very hard to recover.

    And the ones averaging down during these periods, they will feel it very hard too.

    I could be wrong but IMO the best offer one can expect in the range of between 20 and 30 cents maximum considering the liabilities we have to contend with and don't forget the ongoing litigations we have in both the USA and in Brizzy too with the Lawyer bills coming in regularly. But, while IMO only, we will have to consider ourselves lucky to receive that much.
 
watchlist Created with Sketch. Add CTP (ASX) to my watchlist
(20min delay)
Last
6.8¢
Change
-0.002(2.86%)
Mkt cap ! $50.33M
Open High Low Value Volume
6.8¢ 6.8¢ 6.8¢ $816 12K

Buyers (Bids)

No. Vol. Price($)
2 110600 6.8¢
 

Sellers (Offers)

Price($) Vol. No.
7.0¢ 1000463 3
View Market Depth
Last trade - 11.01am 22/05/2024 (20 minute delay) ?
Last
6.8¢
  Change
-0.002 ( 1.45 %)
Open High Low Volume
6.8¢ 6.8¢ 6.8¢ 16048
Last updated 13.27pm 22/05/2024 ?
CTP (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.