CTP
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5.45% 5.2¢ central petroleum limited

Reminds me of Lakes Oil.They promised so much and delivered so...

  1. dhaughto
    70 Posts.
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    15/12/10
    13:29
    Post #: 7615975

    Reminds me of Lakes Oil.
    They promised so much and delivered so little.

    Sadly soon this stock will be the same price as LKO.
    .005 cents. I hold stock but it seems I will have no choice but to write it off. Cant sell it because I will get nothing much for it.

    However: I think Them management is doing very well financially. For Themselves that is.

    People can Dream on till the cows come home; but at the end of the day reallity will have to come about.

    They say of it looks like a Duck, Waddles like a Duck
    and Quacks like a Duck: It probably is a Duck.

    The same applies to Lemons. Every day and in every way
    CTP is looking like a Lemon.

    I bought a lot of stock but I reckon I will be screwed on this one.

    Best of Luck.
    CTP Price at posting: 23.5¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch. 5  Upvote
    lightbulb Created with Sketch.  Great analysis
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