""("We are all disappointed with the share price performance given our potential" [Ref: central])""
The Governor, based on my many years of investing, (and all the hard lessons learned while doing it), share prices do not raise based just on hot air, promises, and fantasies, they need facts and figures to improve and raise their values.
And here we had nothing but hot air for more than four years now. Accordingly, the market has responded in the way it always does.......with a retreat of the shares price. We had a raise to about 17.5 cents just before or around the end of October, only to see it plunging once again to 12.5 cents yesterday....What does that tell you and the ones referred to rampers and/or dreamers.??
How many opportunities have been lost thus far for the ones hanging on for dear life to these shares while seeing their investment shrivelling away.?? All the while patting each other in the back and comforting each other as to how good their money is invested and what a good opportunity it is to have it sitting there.
What is wrong with reducing the size of one's portfolio and invest that money elsewhere where one can make a short term profit and then re-enter and reload back up when this thing has proved itself to be a worthwhile investment.??
Oh and one more thing The Governor and to the ones willing to listen, loading up while the share price is going down in order to reduce the entry price of one's investment is defined, under investing 101, as catching the falling knife too. I have learned in the hard way myself.
Good luck to all and sundries.
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- Ann: 2016 AGM - Chairman's Address to Shareholders
CTP
central petroleum limited
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5.3¢

Ann: 2016 AGM - Chairman's Address to Shareholders, page-4
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Last
5.3¢ |
Change
-0.002(3.64%) |
Mkt cap ! $39.49M |
Open | High | Low | Value | Volume |
5.5¢ | 5.5¢ | 5.3¢ | $6.281K | 114.9K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 515097 | 5.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
5.5¢ | 20642 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 515097 | 0.053 |
3 | 556468 | 0.052 |
3 | 840000 | 0.051 |
3 | 500000 | 0.050 |
1 | 100000 | 0.044 |
Price($) | Vol. | No. |
---|---|---|
0.055 | 20642 | 1 |
0.056 | 15000 | 1 |
0.057 | 11035 | 1 |
0.058 | 6030 | 1 |
0.059 | 326120 | 2 |
Last trade - 13.38pm 22/07/2025 (20 minute delay) ? |
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CTP (ASX) Chart |