I have some sympathy for avemaria's position, but not the emotional response.
RC knocked on every door in his best suit seeking finance and was turned away by all. A low point. And MQC lobs in a bid - mainly after the $220m in tax losses held off-balance sheet. I think RC believed the position impossible - the BoD certainly thought so.
To characterise their position as 'lies' and get bitter is a little rich.
And ave, there is a lesson for you in this: trade your position! Be in. Be out. Average down. Ditch the expensive parcels. Without direct action one is a cork bobbing around at the mercy of wind and current.
Everyone knows CTP is a volatile stock. Buy and hold won't work. If that is your game-plan, use ETF's.
Ash
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CTP
central petroleum limited
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1.85%
!
5.5¢

I have some sympathy for avemaria's position, but not the...
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Last
5.5¢ |
Change
0.001(1.85%) |
Mkt cap ! $40.98M |
Open | High | Low | Value | Volume |
5.4¢ | 5.5¢ | 5.4¢ | $91.62K | 1.696M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 449381 | 5.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
5.8¢ | 6030 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 449381 | 0.054 |
1 | 100000 | 0.053 |
3 | 719000 | 0.052 |
1 | 800000 | 0.051 |
2 | 39000 | 0.050 |
Price($) | Vol. | No. |
---|---|---|
0.058 | 6030 | 1 |
0.059 | 379120 | 4 |
0.060 | 160000 | 3 |
0.061 | 100000 | 1 |
0.067 | 149268 | 1 |
Last trade - 15.59pm 27/06/2025 (20 minute delay) ? |
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CTP (ASX) Chart |
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PAR
PARADIGM BIOPHARMACEUTICALS LIMITED..
Paul Rennie, MD & Founder
Paul Rennie
MD & Founder
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