CTP central petroleum limited

way over valued headed for free fall to 8 cent, page-3

  1. 609 Posts.
    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.

 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
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
Last trade - 15.45pm 17/09/2025 (20 minute delay) ?
CTP (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.