If it helps this is the current valuation of CTP based on acreage:
CTP has 295,000 sqm = 73m acres. Recently farmed out at $11/acre.
(53m acres + 30% x 20m acres farmed out) x $11 = $649m
Fully diluted (1,384ms + 302m ITM options + 118m ITM employee options ) = 1804m shares.
Value is $649 / 1804 = 36cps.
Alternatively:
Surprise is scenario 3 i.e. 100mbbls @ $30 margin (conservative) = $3000m.
Value is $3000 / 1804 = $1.66
Potentially, we can see CTP at the full value next week i.e $1.66 + 36c = $2
At today's price 2/ 0.175 = 11-bagger.
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Last
5.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $39.22M |
Open | High | Low | Value | Volume |
5.3¢ | 5.4¢ | 5.3¢ | $52.12K | 978.8K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 454057 | 5.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
5.4¢ | 46397 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 454057 | 0.053 |
1 | 10000 | 0.050 |
1 | 280000 | 0.049 |
1 | 1000000 | 0.048 |
1 | 136131 | 0.047 |
Price($) | Vol. | No. |
---|---|---|
0.054 | 46397 | 1 |
0.055 | 18545 | 1 |
0.056 | 102917 | 1 |
0.060 | 210909 | 3 |
0.067 | 10000 | 1 |
Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
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