Last month they sold 13M shares - if they continue at same rate they will have sold out by end of feb. hopefully new buyers coming along when drilling starts will absorb the selling and see the price rise or even better get Macquarie out quicker.
Either they are trying to suppress the share price or they have just decided to give up on ctp and move on to something else. If they are moving on will they also want to sell their half of merienie - interesting times.
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CTP
central petroleum limited
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6.0¢

Last month they sold 13M shares - if they continue at same rate...
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Last
6.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $44.71M |
Open | High | Low | Value | Volume |
6.0¢ | 6.0¢ | 6.0¢ | $837 | 13.95K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 74742 | 5.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
6.0¢ | 204988 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 74742 | 0.056 |
3 | 88581 | 0.055 |
1 | 200000 | 0.054 |
3 | 330000 | 0.053 |
4 | 305012 | 0.052 |
Price($) | Vol. | No. |
---|---|---|
0.060 | 204988 | 4 |
0.061 | 50000 | 1 |
0.062 | 100000 | 1 |
0.065 | 200000 | 1 |
0.067 | 149268 | 1 |
Last trade - 09.59am 31/07/2025 (20 minute delay) ? |
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CTP (ASX) Chart |