CTP 3.92% 5.3¢ central petroleum limited

Agree Razorline aleaky boat syndrom, how unusual, hope ex...

  1. 303 Posts.
    Agree Razorline aleaky boat syndrom, how unusual, hope ex chairman of the board is having an Anzac biscuite and a cup of tea to relax, because it aint going to be seismic me thinks.

    The Central Petroleum LImited share price was drive down by algorithmic trading over an extended period of time, the commencement (dump) in-line with specific information published by your organisation, selling done so to maximize profits on prior and lower accumulation, that’s right your friendly neighborhood investment bank with algorithmic powers. The recent pump (today) was again applied by algorithmic trading, view table below for reference of statement validation, link provided to web site below as well.

    It is known that the Surprise oil field needs attention, either luv or sell and move on, the later unlikely, a farm-out therfore a higher probability / possibility. We also know that the two (2) JV’s being Santos and Total, will very soon be extending their hand with palm sunny side up for AU$20 (million) plus in JV contributions to be paid by this Coy (CTP).  Ask your selves the following question do you feel lucku punk, if the answer is no where else are they (CTP) going to get the additional AU$ 20 (million) from.

    The other question to ask yourselves, who is going to lend an organisation such as Central Petroleum who is in dept of the tune of some AU$ 70 (million (Magellan and JV) an easy loan (other peoples money (OPM))  arrangement.  Folks, it (CR) aint going to be done unless the deal (tactics as CTP called it) is favourable to party A, we being party B. It will be interesting to see how they sell this one, will we be sold a lemon if the case?

    If we couple the information detailed above in-line with the trading and historical trends prior to CR announcements made by CTP of past , financial compromises for a Capital raising may have been reached.

    Alternatively, a farm out agreement with Gorilla may have been reached, a feet that CTP used to advertise on monthly basis though power point presentations only to have died a gruesome death about the time the promotion of the conversion of options did.

    AG is only weeks away, I would assume that management will be wanting to look good prior to the AGM especially when requesting a pay rise and additional option handouts, all assumptions of course would hate to upset the residents.

    Why was the mentioning of the dying beast (Surprise) resurected in last ASX released presentation, out of Character for a gas man dont you think, so information in-line with an annoucement on said subject makes Jack the knife sound good, does it not. But but but aint no fooling me, the discovery of the oil field must be a real thorn in the side for this Coy, a bullet to the upper righ hand side of the beast cranium, this long suffering beast may have been a better alternarive, I'm an animal lover.

    Link  Folks, made it easy for u all, red is sell trades. But but but it aint hard to spot the algorimic trades, stop the tail on the donkey, or is that pin the tail on the donkey.

    Back to my Obelix and Asteric and Tin Tin comics, might get a cup of lemon (sold) tea and an Anzac to waddle the day away.
    Column 1 Column 2 Column 3 Column 4 Column 5 Column 6 Column 7
    0 TradeNumber (s) TimeLast Traded Price Volume Change Value Numberof Trades
    1 107 - 109 4:10:52 pm 33 8,648 1 $2,854 3
    2 104 - 106 3:47:11 pm 32 4,000 1 $1,280 3
    3 103 3:42:33 pm 33 1,109 0.5 $366 1
    4 99 - 102 3:30:17 pm 32.5 17,447 0.5 $5,670 4
    5 87 - 98 2:06:57 pm 32 11,905 0.5 $3,810 12
    6 85 - 86 1:18:01 pm 31.5 243 0.2 $77 2
    7 84 1:18:01 pm 31.7 71 0.2 $23 1
    8 68 - 83 1:16:41 pm 31.5 96,634 0.5 $30,440 16
    9 67 12:15:15 pm 32 5,000 0.5 $1,600 1
    10 53 - 66 12:13:24 pm 31.5 95,328 0.5 $30,028 14
    11 49 - 52 12:03:58 pm 32 48,190 0.5 $15,421 4
    12 48 12:03:58 pm 32.5 122 0.5 $40 1
    13 47 11:53:50 am 33 4,000 0.5 $1,320 1
    14 46 11:53:34 am 32.5 6,000 0.5 $1,950 1
    15 41 - 45 11:53:34 am 32 8,000 0.5 $2,560 5
    16 35 - 40 11:48:23 am 31.5 14,663 0.5 $4,619 6
    17 34 11:46:45 am 32 8,000 0.5 $2,560 1
    18 31 - 33 11:46:42 am 32.5 25,000 0.5 $8,125 3
    19 30 11:46:04 am 32 1,000 0.5 $320 1
    20 29 11:45:53 am 32.5 14,985 0.5 $4,870 1
    21 26 - 28 11:45:24 am 32 56,000 0.5 $17,920 3
    22 16 - 25 11:36:26 am 31.5 54,508 0.5 $17,170 10
    23 12 - 15 10:47:03 am 31 165,500 0.5 $51,305 4
    24 11 10:46:24 am 30.5 47,084 0.3 $14,361 1
    25 10 10:43:29 am 30.2 61 0.3 $18 1
    26 1 - 9 10:42:26 am 30.5 23,822   $7,266 9
 
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Last
5.3¢
Change
0.002(3.92%)
Mkt cap ! $39.22M
Open High Low Value Volume
5.2¢ 5.3¢ 5.2¢ $31.66K 604.5K

Buyers (Bids)

No. Vol. Price($)
1 86808 5.2¢
 

Sellers (Offers)

Price($) Vol. No.
5.3¢ 23813 1
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Last trade - 16.10pm 29/03/2024 (20 minute delay) ?
Last
5.3¢
  Change
0.002 ( 3.92 %)
Open High Low Volume
5.2¢ 5.3¢ 5.2¢ 101711
Last updated 15.33pm 29/03/2024 ?
CTP (ASX) Chart
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