"A classic case is meo, they announced another JV last week and the share price closed lower then it opened.
One thing meo is good at doing is getting a great JV and a great deal.
I really think we need to see oil or gas before any real SP move."
I agree with you, I think taht CTP has too much history and needs to have actual Oil flows to surface and a substantial JV in place before you will see confidence return to our company.
However, when we do get actual Oil flows to surface and a substantial JV in place, which I am sure we will, then you will see significant rises in the SP over the next 12 month period folowin.
CB
CTP Price at posting:
37.0¢ Sentiment: Hold Disclosure: Held
