CTP 2.86% 6.8¢ central petroleum limited

Feeling better now?

  1. 5,372 Posts.
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    CTP closed up 0.6c or 7.5% today on good volumes. Take comfort in the strength today.

    Is the bottom in? I don't know. I urge the nervous nellies to be aware the ride may be a little choppy for a while. I stand ready to buy some more once a solid floor has developed.

    Quarterly report due around 29 April. I will be watching for drilling activity aimed at proving up reserves, higher oil production from Mereenie and good cashflows. I am curious about whether Palm Valley is to be used for gas storage or merely shut in.

    Meanwhile, everyone calm down. Your capital is running a marathon, not a sprint. There is nothing to be gained in lashing out at fellow posters or management.
 
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Last
6.8¢
Change
-0.002(2.86%)
Mkt cap ! $50.33M
Open High Low Value Volume
6.8¢ 6.8¢ 6.8¢ $816 12K

Buyers (Bids)

No. Vol. Price($)
2 110600 6.8¢
 

Sellers (Offers)

Price($) Vol. No.
7.0¢ 1000463 3
View Market Depth
Last trade - 11.01am 22/05/2024 (20 minute delay) ?
Last
6.8¢
  Change
-0.002 ( 1.45 %)
Open High Low Volume
6.8¢ 6.8¢ 6.8¢ 16048
Last updated 13.27pm 22/05/2024 ?
CTP (ASX) Chart
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