CTP 3.77% 5.5¢ central petroleum limited

Karll,That's an assumption, the name of the game these days is...

  1. 286 Posts.
    Karll,
    That's an assumption, the name of the game these days is to make profit quickly and although I understand there maybe a small pocket of noble investors I think it would be a small number and more likely to be LT investors who would not be selling the day after the shares are available for a 1 pip profit.

    Of course it's simpler to manage parcels but isn't it in CTP's interest to raise as much capital as possible? I don't agree with your logic - a small investor buying as much as a large one.

    Small investors have a reason for being small and that's most likley a lack of disposable income to spend on shares. Why would an owner of say just 20,000 shares now see an opportinunity to by 45,000 shares ($2,500). I'm one of these. I would have invested $1000 if given the chance, but I wasn't - how many more of us like this were there?

    I don't see any ann about being oversubscribed!

    The parcels were restrictive and CTP had to find more funds from Pattos to fill the gap.
 
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5.5¢
Change
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Mkt cap ! $40.98M
Open High Low Value Volume
5.3¢ 5.5¢ 5.3¢ $5.237K 97.30K

Buyers (Bids)

No. Vol. Price($)
1 143385 5.3¢
 

Sellers (Offers)

Price($) Vol. No.
5.5¢ 297695 1
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Last trade - 15.59pm 04/11/2024 (20 minute delay) ?
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