Australia's largest stock trading and investment forum Australia's #1 stock forum

CTP

Click for more information

3.64%

5.3¢ central petroleum limited

cottee!! listen here mate !!, page-160

First 160 Last

Share
Profile

Follow
ravishankaray

11,084 Posts.

08/02/16

15:56

Post #: 16968522
Share

Originally posted by Ptolemic ↑

Any attempt to correlate the share price with the removal of JH is laughable. The price traded up after he was removed.

As shocking as this may be: the world has moved on and a number of independent macro themes have impacted Central's share price. As per previous post I am willing to propose as a fact that JH is not the primary decision maker in OPEC therefore we can assume the oil price would have fallen despite JH still being CEO, and CTPs share price similarly effected.

As history tells anyone who is willing to consult it fully, the majority of shareholders voted to punt JH from the board - a man who serious violated the terms of his employment contract. Even if you are upset about this it is how democracy works.

Still unable to come up with any substantial points I see.

Expand

The share price moved up after JH was gone, because oil was potentially flowing, and share holders hyped up over the new MD going to walk on water, etc, and bring value to share holdings.

I can think of about a dozen reasons why the SP has not appreciated since then.

Since JH has been gone, it is a fact, that the Share price has dropped dramatically under Richard Cottee.

CTP Price at posting: 10.5¢ Sentiment: Hold Disclosure: Held
2 Upvote

0 Great analysis

Reply

Top Stories

HVN

Harvey Norman may appeal ASIC Federal Court case – the third lawsuit on its plate

RBA holds rates as ALP election campaigning kicks off – expect more political focus

Palladium's the newest geopolitical hot commodity. But ASX exposure is limited

MKT

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

'We're looking': Nickel-rich Indonesia sounds graphite warning to Aus producers

First 160 Last

Add CTP (ASX) to my watchlist

(20min delay)
Last 5.3¢		Change -0.002(3.64%)		Mkt cap ! $40.24M

Open	High	Low	Value	Volume
5.3¢	5.4¢	5.3¢	$4.684K	88.38K

Buyers (Bids)

No.	Vol.	Price($)
2	80009	5.3¢

Sellers (Offers)

Price($)	Vol.	No.
5.5¢	3	1

View Market Depth

No.	Vol.	Price($)
2	80010	0.053
5	333254	0.052
3	536685	0.051
6	485000	0.050
1	150000	0.045

Price($)	Vol.	No.
0.055	3	1
0.057	34819	1
0.058	100000	1
0.060	99559	2
0.062	11500	1

Last trade - 14.51pm 05/11/2024 (20 minute delay)

CTP (ASX) Chart