CTP central petroleum limited

At this stage of the game, the top 20 do not hold , even...

  1. 83 Posts.
    At this stage of the game, the top 20 do not hold , even collectively, sufficient shares to take over the company. On the volumes available for sale any large purchaser would have to more than double the the current price just to get the appearance of significant trading volumes let alone, physically purchase sufficient shares in the short term, to effect a takeover. It is clear that the overwhelming sentiment of the majority of shareholders, given that we are so close to selling gas now, is to hold. I would love to buy a million at 10c but really don't see that happening in the forseeable future. Might have to bite the bullay and start buying at 18c. Well perhaps nibble the ballet a bit. Capital raising at 17.5 - No Problem

    As for assumptions: as the late great Benny Hill was wont to say:

    Never assume. If you assume " you willmake and ASS out of U and ME
 
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(20min delay)
Last
5.5¢
Change
0.000(0.00%)
Mkt cap ! $40.98M
Open High Low Value Volume
5.5¢ 5.5¢ 5.5¢ $1.375K 25K

Buyers (Bids)

No. Vol. Price($)
2 515645 5.3¢
 

Sellers (Offers)

Price($) Vol. No.
5.5¢ 125155 1
View Market Depth
Last trade - 09.59am 23/07/2025 (20 minute delay) ?
CTP (ASX) Chart
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