CTP 3.92% 5.3¢ central petroleum limited

144 meters-well completed, page-52

  1. 1,834 Posts.
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    Grange, the only practical reason for that dump that I am able to think of, is that the client/s of Merrills, having taken title to shares that, up to that point, were held in a nominee account, decided to, for whatever reason, to cash out.....Personal? alternative investments? a need for cash? A multitude of reasons springs to mind...


    A sentiment that seems to me to be increasingly prevalent on this thread, is the tendency to a certain commercial paranoia, whereby certain posters imagine/suspect that "dark, unseen, manipulative operatives" are endeavouring to manipulate the shareprice..If that is actually happening, then there is a lot of effort being expended for an apparently minor, marginally profitable, return!

    I personally do not see any overwhelming evidence of organized,profitable manipulation in the daily trading patterns of CTP shares, only the usual, with very few exceptions,and to be expected, buying/selling of the average punter..

    I see, as a rather more pressing subject,the need for Trident to list, so that they demonstrably have access to available capital to meet their cash call when inevitably that call is made.









 
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5.3¢
Change
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Mkt cap ! $39.22M
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5.2¢ 5.3¢ 5.2¢ $31.66K 604.5K

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1 86808 5.2¢
 

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5.3¢ 23813 1
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Last trade - 16.10pm 28/03/2024 (20 minute delay) ?
Last
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  Change
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