CTP 0.00% 5.2¢ central petroleum limited

Rider,I have no doubt that new lows will come in. When you look...

  1. 1,987 Posts.
    Rider,

    I have no doubt that new lows will come in.

    When you look at it there will be a delay of at least weeks more likely many months before anything happens for CTP. In the mean time we might get a few more pumps about gazzillions of barrels/tonnes/cuft of something, interspersed with the occasional release about a few more metres of coal at a depth of 800m and 2,000 km from anywhere.

    The market hates inactivity, management incompetence and uncertainty. CTP has all three in huge doses.

    I sold half about 6 weeks ago and the rest just after the monkey board announcement. While I'm feeling relieved that I wasn't holding when this one happened, it was simply frustration at the continued incompetence, not foresight.

    Good luck to holders.

    Cheers

    Badfish
 
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