Clive Palmer has been active buying on-market. Only a few institutions got a hand on $11mln CR at 8.5c. Rumour of Hess and other big oilers are interested in CTP. Biggest grounds in N.T. Found oils and coals already.
====== Recent record of Shale oil/gas performances:
NSE: C.R at 30c, high 81c, current 72c. BRU: C.R at 60c, now $3.30. DLS/SXY/OBL/KEY/GRK: also made plus 100% on C.R prices. ======
We can expect CTP to hit at least 17c in the short term(100% on 8.5c C.R). Just my opinions, what are others' thoughts on this stock?.
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Long term: i don't know, $1.70??? I'll retire at this price.
CTP Price at posting:
52.5¢ Sentiment: Buy Disclosure: Held
