"It isn't necessarily a good sign to dilute the share pool by a further 50% when there is ample money in the bank to pay for the rest of phase one, and a chunk of phase two.
No matter how amazing the news can be, adding so much extra supply will always decrease the value, and the more shares are on offer, the more profit taking will hold back potential outbreaks and upward movements."
I agree with this statement, dilution is not a good thing however that is why I followed up with 'we will be better off in the long term'.
I would quite happily suck up a dilution now with the promise of bigger and better things to come in a couple of years. CTP has always been a sit and wait stock not a day traders stock.
- Forums
- ASX - By Stock
- CTP
- Ann: Trading Halt
Ann: Trading Halt , page-81
-
- There are more pages in this discussion • 88 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add CTP (ASX) to my watchlist
|
|||||
Last
4.9¢ |
Change
-0.005(9.26%) |
Mkt cap ! $36.26M |
Open | High | Low | Value | Volume |
4.9¢ | 4.9¢ | 4.8¢ | $27.83K | 568.2K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 513087 | 4.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
5.4¢ | 96554 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 513087 | 0.049 |
2 | 16822 | 0.048 |
1 | 100000 | 0.046 |
2 | 173952 | 0.045 |
1 | 50000 | 0.044 |
Price($) | Vol. | No. |
---|---|---|
0.054 | 96554 | 1 |
0.055 | 86605 | 1 |
0.056 | 19995 | 1 |
0.058 | 172431 | 1 |
0.060 | 212209 | 4 |
Last trade - 16.10pm 12/09/2024 (20 minute delay) ? |
Featured News
CTP (ASX) Chart |