CTP 0.00% 5.3¢ central petroleum limited

simpson 1 06 10, page-53

  1. 10,475 Posts.
    lightbulb Created with Sketch. 7
    Why would you stick a large order like the 250,000 to sell on a penny stock (compared to Bluechip)?

    I'm sure if the seller genuienly wanted to sell, placing smaller orders (and not all at once) would be a far more effective way to sell the stock. If it hasn't got a large turnover, then large sell orders don't help price. Unless it is a cap? Who knows.

    Hope it runs for the hills when the news comes out. :)
 
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