CTP central petroleum limited

Wow what a ride, had my hopes up had my hopes destroyed. Have...

  1. 97 Posts.
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    Wow what a ride, had my hopes up had my hopes destroyed. Have probably had CTP for near 5-6 years, yes I have bought and sold and currently hold at an average price of 12.5 cents. I have averaged down with many of my stocks I did this with CTP about a month or two ago when they were about 8.5 cents got a little excited they moved to 10 cents ! I do not see any value in averaging down again. I can not see any blue sky at best I see 11 - 12 cents within a year or two but who wants to hold a stock for that return in that time frame?
    LD I thought would be fairly agressive at making things happen, buy sell merge just make stuff happen. Unfortunately I was wrong I believe the nature of accounting finance types which I consider him one of to be conservative. I must say that whats happened around the world has been the biggest effect on SP not what the company has done or not done. Still I would have sold an asset or two as almost all believe the current debt makes us very unattractive.
    I will not sell all but about half then my care factor halves. I will not sell today as the price is just too low. I still like the facts but making these facts come to life now just ain't gonna happen.
 
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(20min delay)
Last
5.9¢
Change
0.001(1.72%)
Mkt cap ! $43.97M
Open High Low Value Volume
5.9¢ 5.9¢ 5.7¢ $4.364K 74.41K

Buyers (Bids)

No. Vol. Price($)
2 564138 5.7¢
 

Sellers (Offers)

Price($) Vol. No.
5.9¢ 172675 2
View Market Depth
Last trade - 15.15pm 20/06/2025 (20 minute delay) ?
CTP (ASX) Chart
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