Well you asked for it and here it is.
Based on my past experience, which has spanned for many many years, and IMO it could be more than many following these threads, the large shareholders which have the finger on the pulse at all times and knowing full well what this company is and is not doing, are selling out because they either feel that it is a waste of time holding, or that they don't want to wait for 4 years finding out if they did the right decision in waiting, or not.
Don't forget that Magellan, amongst the large shareholders which could also be selling, they have a seat on the Board too knowing everything that goes on with CTP. Something that you and I cannot count upon.
You and I are just mushrooms waiting in the dark for the next lot of BS that will be given to us, while reading the cheer squad ramps where it is quite possible and on the card that some of them could have a real method in their madness, and a big wheelbarrow to push along too.
Hence why I offered an example of what happened with CDU and don't forget PLV and CVI and..................the list goes on and on.
And don't forget what happened with NXS either, where the shareholders walked away with not one single cent in their pockets.
Most importantly did any of the Managements and Board Members suffered the same fate as the shareholders did.?
Unfortunately people will never learn and are always hungry for punishment, and when finally they get the punishment, some of them are looking for more of the same without questioning.
Good luck.....after all it is your decision.
But, as for me, I have been honest with you and the Forum............I have reduced my holdings to a token amount. Most importantly though, I wasn't ramping like many here would have, while selling.
Only time will tell if I am right or wrong.
Cheers
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central petroleum limited
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Well you asked for it and here it is. Based on my past...
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Last
5.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $40.98M |
Open | High | Low | Value | Volume |
5.5¢ | 5.5¢ | 5.3¢ | $5.923K | 110.8K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 535141 | 5.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
5.5¢ | 214222 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 535141 | 0.053 |
3 | 556468 | 0.052 |
3 | 840000 | 0.051 |
3 | 500000 | 0.050 |
1 | 100000 | 0.044 |
Price($) | Vol. | No. |
---|---|---|
0.055 | 214222 | 2 |
0.056 | 15000 | 1 |
0.058 | 6030 | 1 |
0.059 | 326120 | 2 |
0.060 | 150000 | 2 |
Last trade - 15.41pm 21/07/2025 (20 minute delay) ? |
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CTP (ASX) Chart |