The entire resources/energy market is being sold off on no (specific) bad news, so it doesn't even faze me any more.
Simple fact is any speculative valuation in any res/energy stock is being pared away to bones. Even oilers like BPT and SXY which are producing in excess of a million barrels a year are having their blue-sky components wiped.
So a company like CTP which doesn't have ANY current production doesn't really stand a chance.
It's sad to see all these juniors I held that were just starting to find their feet, after many years of speccie status, getting so hammered, but there's nothing to be done except make a decision to hold on or sell. I'm just so glad I diversified out of resources into other sectors over the last 12-18 months. A very unnatural decision for a geo to make!
- Forums
- ASX - By Stock
- don't bet against me...
The entire resources/energy market is being sold off on no...
-
- There are more pages in this discussion • 37 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add CTP (ASX) to my watchlist
|
|||||
Last
5.4¢ |
Change
0.004(8.00%) |
Mkt cap ! $39.96M |
Open | High | Low | Value | Volume |
5.2¢ | 5.4¢ | 5.0¢ | $5.66K | 112.6K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 548291 | 4.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
5.4¢ | 96554 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 548291 | 0.049 |
2 | 25520 | 0.048 |
1 | 100000 | 0.046 |
2 | 173952 | 0.045 |
1 | 50000 | 0.044 |
Price($) | Vol. | No. |
---|---|---|
0.054 | 96554 | 1 |
0.056 | 19995 | 1 |
0.058 | 172431 | 1 |
0.060 | 212209 | 4 |
0.062 | 112737 | 2 |
Last trade - 16.10pm 11/09/2024 (20 minute delay) ? |
Featured News
CTP (ASX) Chart |