CND 7.14% 3.0¢ condor energy limited

pfc agm., page-6

  1. 8 Posts.
    Hi Phillip

    In response to your comment "CTP next door is up many hundred percent":

    CTP has recently experienced a 5:1 consolidation, so the current price of ~45c (ASX: CTPDA) is equivalent to a pre consolidation price of 9c.

    I can't access a chart at present, but from memory this is less than half the 2013 peak (~20c) and around twice the all time low for the share (~4.5c in early 2011).

    So despite new management a little more than a year ago, flows at Surprise, seismic and planned drilling from JV's the share price has languished and there is no evidence of the CTP share price being "up many hundred percent" by any measure at this point. IMHO the current CTP share price reflects management's inability to deliver to their self-imposed schedule, as many consider to be the case with BCC.

    Cheers ...

    PS - don't trust my failing memory DYOR.
 
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