CTP central petroleum limited

Thanks PGFinAgree 100% with your sentiments.Today is probably...

  1. 514 Posts.
    Thanks PGFin

    Agree 100% with your sentiments.

    Today is probably one of the worst days to post anything about CTP. There is a lot of emotion, disappointment and anger among holders and some pretty outrageous and defamatory statements being posted.

    My background is criminal investigation so I tend to look at things factually rather than emotionally. I agree we need more information before any sort of proper judgement can be passed as to whether JH was reckless regarding the content of his announcements and the overall management of the company. I did express this opinion a week or so ago:

    "it is a big call by JH to talk in terms of a "new oil province". Such a big call,in fact, that I cannot see him making it unless he was 100% certain he was correct as the implications if he is wrong are that he would destroy any credibility with the market."

    Unfortunately, it looks like I was right.

    I am not defending JH come what may, and the suggestion by some that a shake up of the board is in order may be the best course in the future; but I am also mindful of what an emotion driven, irrational beast the market is. I will consider my position in light of the information that comes to hand over the next couple of days and will certainly be putting some hard questions to JH at the presentation on the 19th.

    At the end of the day, there are no guarantees in mining and exploration as today's announcement has shown.
 
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(20min delay)
Last
5.3¢
Change
-0.001(1.85%)
Mkt cap ! $39.49M
Open High Low Value Volume
5.4¢ 5.4¢ 5.3¢ $57.63K 1.067M

Buyers (Bids)

No. Vol. Price($)
3 62844 5.3¢
 

Sellers (Offers)

Price($) Vol. No.
5.5¢ 100000 1
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Last trade - 16.10pm 14/07/2025 (20 minute delay) ?
CTP (ASX) Chart
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