Exactly unhedged. For once I'm agreeing with you.
Short term the share price might be pumped up on the sniff of another oily rag. But always remember that the share price in the short term is like a popularity contest. Everyone will want a piece of the pump and this will drive it up a bit. I suspect day traders will rock the boat and send it up to 8-9 cents if oil shows are similar to JW1.
However in the long term, the share price will be weighted by the revenue, costs, growth etc. And in the long term, I see no reason for CTP to be trading at it's current prices if Surprise has results anything like what Psi82 expected from JW1.
Please wake me up when this hits 3 cents.
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5.0¢ |
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Mkt cap ! $37.00M |
Open | High | Low | Value | Volume |
5.0¢ | 5.0¢ | 5.0¢ | $3K | 60K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 200979 | 4.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
5.0¢ | 14203 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 200979 | 0.049 |
3 | 888743 | 0.048 |
1 | 200000 | 0.047 |
1 | 60000 | 0.045 |
4 | 370418 | 0.041 |
Price($) | Vol. | No. |
---|---|---|
0.050 | 14203 | 1 |
0.058 | 172431 | 1 |
0.059 | 25000 | 1 |
0.060 | 210909 | 3 |
0.062 | 80000 | 1 |
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