CTP 3.85% 5.4¢ central petroleum limited

trading halt, page-30

  1. 7,057 Posts.
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    It's good to have some negative views from people. The sell off a few days ago is somewhat questionable given it's close proximity to this trading halt. Maybe the salt seal wasn't there? But again it could be just the volatility that I was expecting due to Mt Kitty being a wild cat. I've been through enough dusters where the initial 'positive' indications don't really mean jack!

    A straight forward interpretation of this TH is: They penetrated the Heavitree Quartzite, some gas shows started, so a TH is called until definitive results. A good prudent move by RC.

    An alternative would be to just go into pre open for 10 minutes, the sp gap up and then anything could happen after that. The insiders will have full advantage.
 
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