CTP 1.85% 5.5¢ central petroleum limited

10.5 - where next?

  1. 3,084 Posts.
    lightbulb Created with Sketch. 5
    So on the 18th we hit a new 12 month high of 13.5c;

    Since then, in 7 trading days we've fallen to 10.5 - about 28%.

    So what's changed?

    We had the EGM. Most people seemed happy with the result (of course that doesn't need to be stated, does it, because most ppl voted that way).

    Perhaps it's got something to do with the EGM - people buying for votes before and selling after, I don't know.

    But we had a climb for not much reason, and now a fall for no obvious reason. So where will this end?

    Thoughts?

    I would like to get regular (say weekly) operation updates - just to keep people calm.

    - Karl

 
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