CTP 0.00% 5.0¢ central petroleum limited

up 22 per cent now, page-3

  1. 1,987 Posts.
    nareen,

    If you've got any reason to hook into Central apart from "the chart looks sad", please feel free to share it. I mean, this stock has been listed for just over two months so how can the chart be any use in guessing where it's going in the future. Surely fundamentals are the only thing that is relevant at this early stage. The announcement of a drill date and/or farmin partner for Avalon/Blamore will be what drives Central's share price over the next few weeks/months.

    Me, I'm sitting tight as I can afford to wait until things happen before I panic sell on a little "lack of news" fall. Every 1c movement up or down is more than $20k of paper profit or loss for me, but given that all my oppies were free and my price for the FPO's was less than half what it is trading at now, I can afford to relax and see how things pan out.

    So once again, a reason for your negativity on this stock would be appreciated.

    Cheers

    Badfish
 
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Last
5.0¢
Change
0.000(0.00%)
Mkt cap ! $37.00M
Open High Low Value Volume
5.0¢ 5.0¢ 4.9¢ $175.4K 3.512M

Buyers (Bids)

No. Vol. Price($)
4 745979 4.9¢
 

Sellers (Offers)

Price($) Vol. No.
5.8¢ 172431 1
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Last trade - 14.18pm 15/08/2024 (20 minute delay) ?
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