CTP 1.96% 5.0¢ central petroleum limited

16.0 cents sale; 18.7 b; 10.6 s, page-8

  1. 35,472 Posts.
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    Freehold, I am thinking 165.c will go sooner than expected, and I see 17.5c as next consolidation level/resistance before assault at 20c.

    To me, it looks inevitable we'll have a go at 20c in the next 4-6 weeks.

    On CTPO, should track heads closely after 16c gone (ex price) for next 6 months at least until time premium fades then.
    Happy to be up 28% now on the options, the naysayers said were worthless little more than 3 weeks ago.
    60% off lows now.

    ha
 
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