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.
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CTP
central petroleum limited
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5.4¢

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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($) | Vol. | No. |
---|---|---|
5.6¢ | 15000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 30496 | 0.054 |
1 | 100000 | 0.053 |
3 | 560734 | 0.052 |
3 | 840000 | 0.051 |
3 | 500000 | 0.050 |
Price($) | Vol. | No. |
---|---|---|
0.056 | 15000 | 1 |
0.058 | 6030 | 1 |
0.059 | 326120 | 2 |
0.060 | 150000 | 2 |
0.067 | 149268 | 1 |
Last trade - 16.10pm 15/07/2025 (20 minute delay) ? |
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CTP (ASX) Chart |
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CC9
CHARIOT CORPORATION LTD
Shanthar Pathmanathan, MD
Shanthar Pathmanathan
MD
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