Someone wiser than me, Garpal Gumnut, said of posters - "the majority seem to be sad pensioners fallen in love with penny dreadfuls who seek succour from following the companies they invest in, phoning or emailing management and being reassured by the resultant spiel. They are in the main victims of confirmation bias, they invest in a hurry on a whim, and then for 3 or 4 years find reasons to justify their investments until it is delisted - " IMHO there is often a persistent, if not perverse, disconnect between operational results in the field and the SP, CTP being a good example. The market took SIR from 5c to $3 after finding nickel, a metal in massive oversupply and stockpile overhang ATM and with years of lead-time before production/sales, yet CTP makes a new field discovery and the SP fell sub 5c in January.
The reality is CTP has assembled a high caliber petroleum G&G exploration team hors pair, augmented by professional reservoir/production engineers and is progressing both Surprise & JV prospects. CTP management are oblivious to poster rants fretting about ST SP movements and rightly so.
I agree that anyone who dares correct the usual suspect cheer squad will get howled down but dogs bark, caravan moves on
DISCLOSURE : Took profits, holding small parcel
DISCLAIMER : No stock investment advice expressed or implied. DYOR. Anyone who sells/buys stock based on poster rants deserves to lose their money
- Forums
- ASX - By Stock
- CTP
- 10c
10c, page-55
-
- There are more pages in this discussion • 23 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add CTP (ASX) to my watchlist
(20min delay)
|
|||||
Last
4.8¢ |
Change
-0.001(2.04%) |
Mkt cap ! $35.52M |
Open | High | Low | Value | Volume |
4.9¢ | 4.9¢ | 4.8¢ | $47.28K | 967.1K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 517610 | 4.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
5.0¢ | 150000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 517610 | 0.048 |
1 | 100000 | 0.046 |
1 | 150000 | 0.045 |
1 | 50000 | 0.044 |
1 | 175000 | 0.042 |
Price($) | Vol. | No. |
---|---|---|
0.050 | 150000 | 1 |
0.054 | 96554 | 1 |
0.056 | 19995 | 1 |
0.058 | 172431 | 1 |
0.060 | 121300 | 3 |
Last trade - 16.10pm 13/09/2024 (20 minute delay) ? |
Featured News
CTP (ASX) Chart |
The Watchlist
LPM
LITHIUM PLUS MINERALS LTD.
Simon Kidston, Non--Executive Director
Simon Kidston
Non--Executive Director
SPONSORED BY The Market Online