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3,084 Posts.
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22/02/09
10:36
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"Help. I really cannot understand this 40% jump in the stock price after the announcement. As far as I can tell there was nothing new announced."
Cosserat, the question could just as easily be asked about why the price has dropped from the August high of 30c to less than half now.
CTP's highest point came days before it's first drilling was started.
It's a volatile market at the moment, and very difficult to predict. This is a positive announcement which cements what had been expected before.
Karl
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