CTP 0.00% 5.0¢ central petroleum limited

ctp is considerably overvalued, page-3

  1. 6,591 Posts.
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    jakspara, we both know that won't be the case, holders don't want to see an evaluation of their holding lower than the current share price. The fact is, I see no reason for CTP to be trading at it's current price, and the sad reality is that if Surprise is not successful then serious doubts will be cast over this supposed 'oil kitchen' that JH has in his hands.

    Let's not forget that CTP are trying to raise capital at the moment as well which will only serve to dilute the share registry even further. I valued CTP at 3cents with it's current registry, and on the back of some resonable success at Surprise. It makes me wonder what CTP would be worth once more dilution has taken place, and if Surprise doesn't fill a barrel.
 
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2 200979 4.9¢
 

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Price($) Vol. No.
5.0¢ 14203 1
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