CTP 1.96% 5.0¢ central petroleum limited

bonds converted!

  1. 939 Posts.
    As predicted Bonds have been converted at 8.7C when SP yesterday was 12c and dragged down today to 10.5c!

    Only half converted so 5.7 Mill shares will hit market when T/O is only 1.9M a day.. Watch out when next 5.7M hit market!!

    SP can only at best go sideways but in worst case drop to well under 10c IMO.. And then in another 30 -45 days same will happen again!!

    Better IMO to monitise current discoveries and get rid of Bonds if you want to preserve your capital investment!!
 
watchlist Created with Sketch. Add CTP (ASX) to my watchlist
(20min delay)
Last
5.0¢
Change
-0.001(1.96%)
Mkt cap ! $37.00M
Open High Low Value Volume
5.1¢ 5.1¢ 5.0¢ $61.41K 1.222M

Buyers (Bids)

No. Vol. Price($)
1 462354 5.0¢
 

Sellers (Offers)

Price($) Vol. No.
5.5¢ 450000 1
View Market Depth
Last trade - 15.12pm 30/07/2024 (20 minute delay) ?
CTP (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.