share price has stayed low even with the CTP now producing at much higher volumes. Sell off possibly by cottee as he left the building would account for a pretty big drop in the number help by the top 20 holders. Macbank may also be responsible for some sell off as well. If either of the two current drilling programs get good news the share price will jump, if both come back with good news it will climb. the only reason to hold the share price back is to give yourself a chance to buy back in at a cheaper level once you have confirmation or greater certainty of success, i.e. someone gives you the nod and a wink before the market.
CTP Price at posting:
14.0¢ Sentiment: Buy Disclosure: Held
