Well, there it goes again. If it was the same buyer and seller each day, one would think that someone would have bought or sold enough to register either a "change of substantial holding" or "becoming a substantial holder". That didn't happen all the way down from 21c. This implies to me that there is a certain amount of churning going on, i.e. moderate holders repeatedly buying and selling between each other to give an illusion of depth. One reason I can think of is to keep the VWAP down and scare away retail investors, which implies someone with an agenda. This is purely IMHO and pure speculation, there may be a perfectly legitimate reason for the SP action, such as the fall in price of gas.
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CTP
central petroleum limited
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6.67%
!
5.6¢

Well, there it goes again. If it was the same buyer and seller...
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Last
5.6¢ |
Change
-0.004(6.67%) |
Mkt cap ! $41.73M |
Open | High | Low | Value | Volume |
6.0¢ | 6.0¢ | 5.5¢ | $32.90K | 579.6K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 9098 | 5.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
6.0¢ | 215988 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 9098 | 0.056 |
1 | 200000 | 0.055 |
2 | 400000 | 0.054 |
4 | 830000 | 0.053 |
3 | 295012 | 0.052 |
Price($) | Vol. | No. |
---|---|---|
0.060 | 215988 | 4 |
0.061 | 50000 | 1 |
0.062 | 100000 | 1 |
0.065 | 200000 | 1 |
0.067 | 149268 | 1 |
Last trade - 16.10pm 31/07/2025 (20 minute delay) ? |
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CTP (ASX) Chart |