CTP 5.45% 5.2¢ central petroleum limited

the market is unimpressed with virtually everyone atm. The thing...

  1. 17 Posts.
    the market is unimpressed with virtually everyone atm. The thing is the price has been dictated by very small volumes placed by smaller traders who for whatever reason jump in and out. The comforting thing is most large trades have been buys, not sells. Such a small amount of shares being traded indicates most are held by long term holders who are not stressed by the results of one hole. If you compare CTP with others in comparison to their levels of 12 months ago then you will find they have held up much better than their fellow juniors. Until Blamore is finished, logged and interpreted there is not much that can be inferred. The data will be invaluable regardless of whether it is commercial or not.
    If people want to trade then good luck to them bug for me I am happy to see what the next year or so bring before I think of exiting, if at all. I hold mainly oppies, hence the time frame. They are still 40-50% above my average so that allows a bit of comfort as well.
    Hopefully they get this drill unstuck shortly and get going again
    cheers
 
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Last
5.2¢
Change
-0.003(5.45%)
Mkt cap ! $38.48M
Open High Low Value Volume
5.2¢ 5.2¢ 5.2¢ $35.73K 687.1K

Buyers (Bids)

No. Vol. Price($)
2 550000 5.0¢
 

Sellers (Offers)

Price($) Vol. No.
5.2¢ 99854 2
View Market Depth
Last trade - 16.10pm 05/07/2024 (20 minute delay) ?
CTP (ASX) Chart
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