CTP 10.0% 5.5¢ central petroleum limited

Well we saw the SP drop to 7.6 and recover after the Pattersons...

  1. 286 Posts.
    Well we saw the SP drop to 7.6 and recover after the Pattersons Report to 8.7, an actual gain of just over 1%.
    I doubt if we will see 6c again! Early days I know but I believe the SP will hold over 7.6 until we see who they appoint as CEO.

    For what it's worth I agree with JH exiting. I think the market has understood this too. The Patterson's report, though some see as highly subjective to fuel their own interests seems to have worked by day's end.

    Let's see what tomorrow brings. The SPI is up as is the DJIA Futures. With a rising market I hope to see us at least maintain support at 8.5c.

    I've held LT for 2.5 years and bought in high, averaged down.... this may be the opportunity to reward my and many other's patience.

    Cheers
    Dave
 
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