CTP central petroleum limited
Add to My Watchlist 1.72% ! 5.7¢

Can anyone explain why the buyers side has a constant queue of...

  1. Gibbo1971
    173 Posts.
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    01/05/17
    13:17
    Post #: 24381180
    Can anyone explain why the buyers side has a constant queue of 16 people waiting to purchase almost 3.5m shares at the same price as MB has offered in the buy out?

    Are they wanting to buy on the hope of the YES vote eventuating and then have the 0- 0.196 potential on the back end with the CVN, which we all believe won't eventuate?

    I would have thought there was a risk in purchasing now as if the NO vote gets up, the assumption would be that the share price would initially drop.

    All thoughts appreciated.

    Thanks.

    Gibbo
    CTP Price at posting: 20.0¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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Last
5.7¢ 		Change
-0.001(1.72%) 		Mkt cap ! $42.47M
Open High Low Value Volume
5.8¢ 5.8¢ 5.6¢ $6.401K 112.3K

Buyers (Bids)

No. Vol. Price($)
3 200064 5.7¢
 

Sellers (Offers)

Price($) Vol. No.
5.8¢ 75758 1
View Market Depth
Last trade - 13.49pm 11/08/2025 (20 minute delay) ?
CTP (ASX) Chart
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