CTP 4.17% 5.0¢ central petroleum limited

exciting times ahead, page-18

  1. 3,027 Posts.
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    Half Time or is round 21 I've forgotten.
    Anyways...
    Analysis for the day - again another day trading fizzer.
    So who was day trading - NOT me. I and most of us are in for the long haul. Although one or two big sells concurrently this afternoon compounded things. Not DBZ again. Not likely but some desperate selling MONEY INSTITUTION trying to clean up its act as I said this morning.

    Don't these sells send a shiver through the system and the turnover was not that big really. Is that 2000000 sells maybe by one or two sellers only in two days.

    What this says is CTP is still at bargain prices. No - not loss of market confidence (like GTP or CNP or other real cash loosers)but just CIRCUMSTANCE and irrationality of the moment.
    Finally if they strike oil at 2000-2500 metre next week approximately. Do they keep drilling down further?
    The syncline on the 01 preliminary interpretation goes down
    to over 3000 metres. Should Blamore stop at 2500m if it strikes or continue down to 3500 or more?
    Exciting times still ahead....all at Blamore. Action starts again this weekend hopefully.


 
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Last
5.0¢
Change
0.002(4.17%)
Mkt cap ! $37.00M
Open High Low Value Volume
4.9¢ 5.1¢ 4.7¢ $44.05K 911.5K

Buyers (Bids)

No. Vol. Price($)
2 20000 5.0¢
 

Sellers (Offers)

Price($) Vol. No.
5.2¢ 164625 2
View Market Depth
Last trade - 15.01pm 21/06/2024 (20 minute delay) ?
CTP (ASX) Chart
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