CTP has always had pretty low trading volume, and without significant news on the horizon, the sp gets pushed wherever the sellers want to push it. Well, we're at the end of the line, with no depth left to sell into. Interesting that yesterday there was an order for 2m at 4.8c sitting there all day, (was that you, gasoroil?) and no-one hit it. The order was pulled, and suddenly the sp is 4.6. That tells me that this is not just someone getting out, they could have done that yesterday for more. I'm sure there is an agenda here, maybe something will be revealed by the AGM. I have personally bought over 1m shares at or below 5c, gasoroil is rocketing up the top 20 list, but it looks like no-one else is interested. As barbal said, investors need some bloody good news!
CTP Price at posting:
4.6¢ Sentiment: Hold Disclosure: Held
