CTP 0.00% 5.4¢ central petroleum limited

2 things that stand out.Uno) ..... The reason the market wasn't...

  1. 157 Posts.
    2 things that stand out.

    Uno) ..... The reason the market wasn't a little kinder in recent times to CTP SP was the result of the oil find that led to possible commercialisation of the field that led to the need for great sums of cash. The market doesn't like uncertainty, and whilst things look really good, it put a cap on things. Having said that, let me say this ..... I'll be very surprised IF as we expect, JH is going to develop the field, we don't see a substantial increase in the SP and,

    B) ..... The TIMING of the price sensitive anns and the TH's haven't been too kind to the day traders.
 
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