It may possibly correct - but with drilling now imminent I cannot see it dropping too far. Lots of technical support now formed aswell.
Your comparison of CTP to BLR and WMT - Sorry david but an absolutely poor comparison for numerous reasons.
Firstly - your comparing two uranium companies to an oil/gas/helium explorer. The uranium spot price came off substantially, so too did speculative prices on 95% of uranium stocks.
Oil/gas exploration is obviously an enormously different game to play and CTP definitely aren't playing in a kids sandpit here.
Your either a downramper trying to pick up cheap stock (whch doesnt work on a thread if you understand probability), OR, your an extremely uneducated investor. If its the latter, you'd better brush up on your investment skills.
Only way I can see CTPs SP go to 8c is if they drill 6 dusters or have significant drilling complications.
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- way over valued headed for free fall to 8 cent
CTP
central petroleum limited
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6.0¢

way over valued headed for free fall to 8 cent, page-3
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Last
6.0¢ |
Change
0.001(1.69%) |
Mkt cap ! $45.16M |
Open | High | Low | Value | Volume |
6.1¢ | 6.1¢ | 5.6¢ | $114.2K | 1.939M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 202537 | 5.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
6.0¢ | 160263 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 202537 | 0.059 |
1 | 349987 | 0.058 |
1 | 99966 | 0.056 |
3 | 301000 | 0.055 |
2 | 500000 | 0.053 |
Price($) | Vol. | No. |
---|---|---|
0.060 | 160263 | 1 |
0.061 | 82522 | 2 |
0.062 | 50596 | 1 |
0.063 | 60556 | 1 |
0.064 | 278115 | 2 |
Last trade - 15.45pm 17/09/2025 (20 minute delay) ? |
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CTP (ASX) Chart |