CTP
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7.69% 4.8¢ central petroleum limited

hey ctpo holders, we're in the money!, page-9

  1. Sector
    35,472 Posts.
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    28/02/13
    21:00
    Post #: 11482520
    I did a few calcs based on last run up a few weeks ago.

    Oppies are lagging a bit today, however from the recent bottom

    Heads up 48%
    Oppies up 72%

    I think we should discount 1c from last run due to time value, but there is still over 12 months to run.

    Here's how I see the correlation for next 3 months. Theres really good leverage in this run. At least double heads.

    17/ low6c
    18/ low7c
    19/ low8c
    20/ low9c
    21/22 10c

    23/ 10.5-11c

    30/ 17c

    CTP Price at posting: 85.0¢ Sentiment: ST Buy Disclosure: Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
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