I believe there are a few reasons why the CTP share price is...

First 5 Last

Share
Profile

Follow
Denny Crane

56 Posts.

3

19/12/18

13:31

Post #: 36906389
Share

Originally posted by prato: ↑

Look I'm all for confidence that we are soon due for a major revaluation of our stock because the NGP is now open and in the next couple of weeks CTP will be pumping gas!
However, we know that major shareholders very recently sold shares, not bought. The SP continues to retreat the closer we get to our "big day".
I am puzzled. On the one hand we have many posters far more knowledgeable than I, basically saying keep cool, it will all take off soon.
Excuse me, but if this were the case, surely the market would be looking to get in before the stock rises?
Anyway, this is my parting concern before the holidays and I shall return second week January 2019, by which time you can say there you go Prato look at our SP now truly reflecting our true worth!
Fingers crossed, Happy holidays to you all.

Expand

I believe there are a few reasons why the CTP share price is stagnant Prato

1. general downturn on ASX recently, driven by uncertainty in the global economy, including Trump v China trade stand off.
2. oil price down (affects all Oil & Gas producers) due to increased North American Shale production and doubt in OPEC and Russia reducing their production
3. poor marketing of CTP to the brokers and institutions - I believe this has been noted and will be addressed by the company in the New Year. One of the reasons Stuart Baker is on the board.

Denny Crane

CTP Price at posting: 14.0¢ Sentiment: Buy Disclosure: Held
4 Upvote

0 Great analysis

Reply

Top Stories

WC8

Pan Asia rebranding to 'clear confusion' after bagging $35M for Chile projects

SIG

Dale Gillham's weekly wrap: Sigma-Chemist Warehouse merger creates pharma powerhouse

HotCopper Highlights: Your most watched stocks for Week 47, 2024

MIN

MinRes's Ellison knows he screwed up – for that reason, hunt for new Chair to be sped up

PYC

Scientific conference spotlights PYC's work on blindness disease treatment

DUI

Panic, paranoia, and gangland politics: HotCopper users react to Dubber's missing $26M

BTH

Bigtincan's Board backs Investcorp offer: Why a NASDAQ listing could be game-changing

Week 47 Wrap: HotCopper users' most watched; Brent lifts on Putin's scary letter; RFK dents CSL

GRL

To make modern missiles, you need 3D Printing. And in that gold rush, Amaero is selling shovels

LPE

Sales growth pushes Lovisa's fortunes (and shares) upwards

There are more pages in this discussion • 3 more messages in this thread...

First 5 Last

Add CTP (ASX) to my watchlist

(20min delay)
Last 5.4¢		Change 0.000(0.00%)		Mkt cap ! $37.74M

Open	High	Low	Value	Volume
5.5¢	5.5¢	5.4¢	$114.6K	2.083M

Buyers (Bids)

No.	Vol.	Price($)
5	427045	5.4¢

Sellers (Offers)

Price($)	Vol.	No.
5.5¢	160543	1

View Market Depth

No.	Vol.	Price($)
1	55500	0.135
9	1167237	0.130
8	593133	0.125
19	902443	0.120
1	86000	0.115

Price($)	Vol.	No.
0.140	787079	9
0.145	1062465	10
0.150	344400	6
0.160	125481	8
0.165	497623	5

Last trade - 16.10pm 22/11/2024 (20 minute delay)

CTP (ASX) Chart

I believe there are a few reasons why the CTP share price is...

Top Stories

Pan Asia rebranding to 'clear confusion' after bagging $35M for Chile projects

Dale Gillham's weekly wrap: Sigma-Chemist Warehouse merger creates pharma powerhouse

HotCopper Highlights: Your most watched stocks for Week 47, 2024

MinRes's Ellison knows he screwed up – for that reason, hunt for new Chair to be sped up

Scientific conference spotlights PYC's work on blindness disease treatment

Panic, paranoia, and gangland politics: HotCopper users react to Dubber's missing $26M

Bigtincan's Board backs Investcorp offer: Why a NASDAQ listing could be game-changing

Week 47 Wrap: HotCopper users' most watched; Brent lifts on Putin's scary letter; RFK dents CSL

To make modern missiles, you need 3D Printing. And in that gold rush, Amaero is selling shovels

Sales growth pushes Lovisa's fortunes (and shares) upwards

Buyers (Bids)

Sellers (Offers)