CTP 9.09% 15.0¢ central petroleum limited

pump and dump

  1. 6,063 Posts.
    lightbulb Created with Sketch. 297
    The sale of gas to the NT does not justify this rise in the sp, and i bet the contract does not oblige the NT Govt to take all the gas it is able to under the contract. In my opinion this jump in the sp is more about the positive comments RC made about the pipeline. But don't forget the early comments RC made about Surprise with its free flowing/ gushing oil that soon became a pump fed dribble. There is a lot of politics being played out here in the NT with our Chief Minister trying to sell himself as a mover and shaker who can get things done (rather like RC). Very few people believe this pipeline will actually be built. Playing it safe I sold some of my holding today, the SP may well continue to climb but when it stops it will retrace just as rapidly.
 
watchlist Created with Sketch. Add CTP (ASX) to my watchlist
(20min delay)
Last
15.0¢
Change
-0.02(9.09%)
Mkt cap $117.1M
Open High Low Value Volume
16.5¢ 16.5¢ 15.0¢ $131.5K 868.5K

Buyers (Bids)

No. Vol. Price($)
10 256697 15.0¢
 

Sellers (Offers)

Price($) Vol. No.
16.0¢ 45789 1
Last update - 14.45pm 21/01/2019 (20 minute delay) ?
(live)
Last
15.5¢
  Change
-0.02 ( 3.13 %)
Open High   Low Volume
16.5¢ 16.5¢   15.0¢ 419500
Last updated 14.52pm 21/01/2019 (live) ?
CTP (ASX) Chart
GET SUPPORT arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.