CTP looks like a good buy at around 9-10c/share, wow just 35m mkt cap today. I guess the timing of the last placement at 30c (just two months ago) meant those 20m shares were sold down too fast on the oil slide no buyers stepping in, then momentum just took over with no news.
On the positive from here, when the mkt rethinks CTP price of 35M it may see it was pushed too far down, and it could pop up a little from here , maybe even back to mid teens on a xmas/new year rally of the down trodden, fingers crossed : )
Merry xmas all and best of luck.
CTP Price at posting:
9.3¢ Sentiment: Buy Disclosure: Held
