CTP
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2.00% 5.1¢ central petroleum limited

why all the selling?, page-2

  1. karll
    3,084 Posts.
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    19/06/09
    23:19
    Post #: 5303790
    For the issue price people got a share and half an option. If you place the options at 4c then the shares cost them 8c each. Even selling at 9.5c they make an immediate profit and keep the options.

    I always expected a dump when the new shares became available. I hope the price will recover soon enough though.

    Karl
    CTP Price at posting: 9.0¢ Sentiment: LT Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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Last
5.1¢ 		Change
0.001(2.00%) 		Mkt cap ! $37.74M
Open High Low Value Volume
5.0¢ 5.2¢ 5.0¢ $9.351K 181.0K

Buyers (Bids)

No. Vol. Price($)
1 200000 5.0¢
 

Sellers (Offers)

Price($) Vol. No.
5.1¢ 40000 1
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