CTP central petroleum limited

awaiting the back lash, page-3

  1. 10,475 Posts.
    lightbulb Created with Sketch. 7
    You have every right to express your opinion COM.

    I am sure there are a lot of us long termers who could have made money elsewhere with the money that has been invested in CTP (I for sure am one of them). I am hoping I have made the right decision - time will tell.

    I didn't expect a huge run in the price. They weren't the only O&G company that was down today either. It didn't sell down on much volume IMO. I don;t expect it to do too much between now and when the rig is rolling into place. (Unless we get an announcement about BG). I don't get the feeling that they are hiding behind BG (that is my opinion). Sole risking is making it a more risky proposition for all share holders, but I sure as heck don't want them giving away the farm and kowtowing to BG either. A balancing act.

    If there were no drilling starting this quarter, and seismic I would definitely be more antsy. I am happy they are going to start moving forward and am not selling (even of there is a duster). I am continuing to hold, but with investing to each his own. Let the price of the share be dictated by what they discover not day traders.

    I can't go to the AGM but would hope someone can go and report back here.
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
5.4¢
Change
0.001(1.89%)
Mkt cap ! $40.24M
Open High Low Value Volume
5.3¢ 5.5¢ 5.2¢ $29.43K 548.4K

Buyers (Bids)

No. Vol. Price($)
1 30496 5.4¢
 

Sellers (Offers)

Price($) Vol. No.
5.6¢ 15000 1
View Market Depth
Last trade - 16.10pm 15/07/2025 (20 minute delay) ?
CTP (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.