CTP

Once upon a time, a 0.5c or 1c change in share price for CTP makes only a minor variation in the value of my super fund.  Today, a 1c change gives me a huge drop relative to the market average.  It is now only behind my CBA shares in value.

My first 2 parcels are still under water at 22c and 23c, bought in 2007 and 2008 respectively.  My biggest chunk and last parcel was at the SPP in Jan 2012.  I bought the maximum because the share price has appreciated over the issue price of 5.5c due to discovery of oil.  What was fascinating at that time was not every shareholder bought and not every shareholder bought the maximum allowable.  I also bought into 2 entitlements, coupled with free options :-)