Both companies have issues particular to there businesses but the acid test is how their share prices have performed over the last few years and it is not pretty .
Full disclosure I traded CTP a couple of years ago and made a modest profit but have just watched them go down after I sold the last of them .
COE likewise had a bit of a punt a few years ago and made a decent profit but have just watched them for a few years and felt lucky I had dodged a bullet as they sank .
However I could not help myself and had another decent dip at them a week ago and am a little underwater so far .
The government actions is a very blunt instrument hurting struggling businesses as well as those making super charged profits .
In the long run it will make gas prices higher if it stifles exploration and development .
Wind and solar can be complementary to gas power but cannot replace it .
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0.4¢ |
Change
0.001(33.3%) |
Mkt cap ! $5.790M |
Open | High | Low | Value | Volume |
0.4¢ | 0.4¢ | 0.4¢ | $602 | 150.4K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
8 | 21139663 | 0.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.4¢ | 11265220 | 12 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
8 | 21139663 | 0.003 |
10 | 22820899 | 0.002 |
10 | 74136865 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.004 | 11265220 | 12 |
0.005 | 4346391 | 6 |
0.007 | 100002 | 1 |
0.009 | 80000 | 1 |
0.010 | 1000000 | 1 |
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