CTP 1.96% 5.2¢ central petroleum limited

I have some sympathy for avemaria's position, but not the...

  1. 2,299 Posts.
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    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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Last
5.2¢
Change
0.001(1.96%)
Mkt cap ! $37.74M
Open High Low Value Volume
5.1¢ 5.2¢ 5.1¢ $26.20K 512.1K

Buyers (Bids)

No. Vol. Price($)
3 325000 5.0¢
 

Sellers (Offers)

Price($) Vol. No.
5.2¢ 54161 1
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Last trade - 13.57pm 28/11/2024 (20 minute delay) ?
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