CTP central petroleum limited

Selling viewed by CoM as being possitive

  1. 1,368 Posts.
    With the selling of central shares and no announcement o change in top 20, one may conclude that the selling has been done in order to consolidate a lower share price average. Should this be the case as self-assumed, this would bode well for existing shareholders as intent would look favourable.
    With 11.84% shorting of the stock on the 1st Aug and two other occasions in July, it is evident that shares have been shorted with purposeful intend to drive share price down.


    With selling done, no change to top 20 of late and with the gas sales commencing in around 20 months, one could argue that positioning has been occurring. With bid Mac having significant game in this company, look at the bank as being the likely contended and having the internal resources to initiate shorts.

    Let’s also keep in mind the Central signs 5.2 PJ pre-paid gas sale agreement made during the month of May which should assist in joining the dots in relation to shorts and purposeful intent. All assumptions on my part, but let’s not discount the possibility

    With the selling of central shares and no announcement o change in top 20, one may conclude that the selling has been done in order to consolidate a lower share price average. Should this be the case as self-assumed, this would bode well for existing shareholders as intent would look favourable.
    With 11.84% shorting of the stock on the 1st Aug and two other occasions in July, it is evident that shares have been shorted with purposeful intend to drive hare price down.


    With selling done, no change to top 20 of late and with the gas sales commencing in around 20 months, one could argue that positioning has been occurring. With bid Mac having significant game in this company, look at the bank as being the likely contended and having the internal resources to initiate shorts.

    Let’s also keep in mind the Central signs 5.2 PJ pre-paid gas sale agreement made during the month of May which should assist in joining the dots in relation to shorts and purposeful intent.

    All assumptions on my part, but let’s not discount the possibility that should not be discounted.

    In the meantime, a potential banning of fracturing in the NT would indeed be beneficial to central, after all, not many have the ability to produce significant and continuous gas in the NT without the need to fracture, is this not positive once markets catches onto the opportunities that soon presents this organisation.

    In the meantime, a potential banning of fracturing in the NT would indeed be beneficial to central, after all, not many have the ability to produce significant and continuous gas in the NT without the need to fracture, is this not positive once markets catches onto the opportunities that soon presents this organisation.

    Oh, and yes, I am back and personally believe that the selling is being done for lower share price average for one particular entitiy and viewed by Colourofmoney (CoM) as being a long trm positive for this organisation.
    Last edited by colourofmoney: 11/09/16
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
5.5¢
Change
0.003(5.77%)
Mkt cap ! $40.98M
Open High Low Value Volume
5.4¢ 5.5¢ 5.4¢ $4.086K 75.54K

Buyers (Bids)

No. Vol. Price($)
1 622641 5.3¢
 

Sellers (Offers)

Price($) Vol. No.
5.5¢ 128430 1
View Market Depth
Last trade - 15.44pm 18/07/2025 (20 minute delay) ?
CTP (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.