CTP 7.69% 4.8¢ central petroleum limited

announcement : director buying, page-29

  1. 2,367 Posts.
    Based on the last few weeks selling on CTP - i have changed my price target to .038 cents,in line with the low back in 2010.

    * Looking at the current buy and sell depth in my opinion its going to fall further then the 5 cents i first thought. The market depth is very weak, weaker then i have seen for some time now. 3 1/2 million buyers against 15 1/2 million sellers.

    As for the options - 1.7 million buyers and 6.2 million sellers, they are also very weak - not surprised about those to be honest, its to high a risk to hold or buy them.

    I still believe this should turn around in 2014.





 
watchlist Created with Sketch. Add CTP (ASX) to my watchlist
(20min delay)
Last
4.8¢
Change
-0.004(7.69%)
Mkt cap ! $35.52M
Open High Low Value Volume
5.0¢ 5.0¢ 4.8¢ $22.36K 454.9K

Buyers (Bids)

No. Vol. Price($)
1 104163 4.9¢
 

Sellers (Offers)

Price($) Vol. No.
5.2¢ 96150 1
View Market Depth
Last trade - 11.34am 12/07/2024 (20 minute delay) ?
CTP (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.