CTP central petroleum limited

Still in the RED, page-5

  1. 2,270 Posts.
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    I know many say dont do it but avergaing down has saved my skin on each occassion. One day I will probably get caught. If I think a stock is terminal or if management just dilute to oblivian via multiple capital raisings I just sell. For those I'm confident about I keep pooring the money in because the downtrend will eventually reverse and then I sell (as in now).

    I have invested in such disasters as DTE, TTE. LYC, AKK, QFX, EEG and many others (often tens of thousands). I could not have been more confident about CTP until now and invested accordingly. It made up 50% of my portfolio. Times have changed which took me by surprise and is very disappointing. Just another lesson for me. You just cant believe anything in the small cap space.
 
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(20min delay)
Last
5.4¢
Change
0.000(0.00%)
Mkt cap ! $40.24M
Open High Low Value Volume
5.4¢ 5.4¢ 5.2¢ $22.38K 420.5K

Buyers (Bids)

No. Vol. Price($)
1 380539 5.4¢
 

Sellers (Offers)

Price($) Vol. No.
5.5¢ 123906 1
View Market Depth
Last trade - 16.10pm 11/07/2025 (20 minute delay) ?
CTP (ASX) Chart
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