Guys to be perfectly honest with you, i cant beleive the shareprice has held where it has today. This is not because of the news, IMO i thought that the news was perfectly fine, the main issue people have with this news is the simple fact that we have encountered oil in the pacoota as of yet but if you remember with what happened while drilling the stairway, there were no early signs of oil when they first penetrated and people thought we had a duster and thats when the SP crashed to 4.3c.
Now with todays news i was sure that the SP would fall below 10c because the day traders would be out and in again with some more concrete news. Today really shows how different this company is viewed, both in the short and long term, compared to what CTP was a 3 weeks ago.
I think that we have more and more long term holders entering CTP, which is a fantastic sign!
good luck to everyone!
CTP Price at posting:
55.0¢ Sentiment: Hold Disclosure: Held
