##""Wait till the end of the day and see where it finishes.""##
Obviously, no where. It is still at the 16 cents and not moving.
The only thing that might make this thing move is some very good news and, unfortunately, we haven't had one. Drilling goes on, (laterals by the way), and no news.............
Now, I can stand correcting if I am wrong but, while drilling with air and mist and if they were to have found gas, IMO they would have had to flare it or possibly do something else with it...........Yet, they never told us anything.......................... and the silence continues.
There are only two reasons in my mind for CTP not telling us anything..
1) They haven't found large quantity of gas thus far, or
2) They are in breach of the ASX listing rules in "FULL DOSCLOSURE""..
Take you pick. (unless of course the rig has fallen over which I doubt it would have been the case).
I know what to expect now from some posters but please allow me the time to put my safety hat on first.
CTP Price at posting:
16.0¢ Sentiment: None Disclosure: Held