CTP 6.00% 5.3¢ central petroleum limited

Not much to add re the ann, however thought I'd make note that...

  1. 609 Posts.
    Not much to add re the ann, however thought I'd make note that the SP is not going down on high volumes which is a positive to some respect. (this is with reference to the 12c comment made here)

    The low volumes would indicate that sellers are generally holding their cards and a 15c support level may remain for a while with most issues factored in. Further to that for traders, theres not much of a margin in it either given support levels are relatively tight and volumes low. Its probably safe to say alot of long term investors would also be capitalising on weakness hence accumulating aswell.

    I wont go into too much detail on the technicals (hence why I chopped half the chart out) however just thought id point out that IMO any share price doomsday comments are a little far fetched at this point in time!

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5.3¢
Change
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Mkt cap ! $39.22M
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5.5¢ 5.5¢ 5.3¢ $8.576K 158.3K

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No. Vol. Price($)
1 10000 5.2¢
 

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Price($) Vol. No.
5.3¢ 64939 1
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Last trade - 16.10pm 16/08/2024 (20 minute delay) ?
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