CTP 3.77% 5.5¢ central petroleum limited

predictions for today?, page-70

  1. 3,084 Posts.
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    Rafish wrote:
    "I don't quite understand your sentiment Anon. I'm here to make a bagful of money. Since JH's departure the S/P has almost quadrupled"

    CTP announced that JH was terminated on the 26th March.
    On that day CTP opened at 7.5 and closed at 8.3

    And also wrote:
    "Let me put it another way the S/P price has gone up over 300% since RC came on board."

    RC was appointed on the 15th May.
    On that day CTP opened at 10c and closed at 9.6

    So, neither statement is correct. CTP has only doubled since JH departed, not quadrupled.

    CTP has risen by 70% since RC came on, not 300%.

    These facts are easy enough to check. It is interesting how our mind distorts.

    Now the lowest overnight that CTP has been over the last year is 4.3 on the 21-22 December, before the discovery at Surprise. I would accept that the price has almost quadrupled since the low in December, but that was months before JH was removed.



 
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