Patterson's Latest report as of 15th Nov 2012.
Same S#*t, different price.
Valuation $0.38cps
We have maintained our SPECULATIVE Buy rating and our risked valuation/price target for CTP at $$0.38cps, which represents 138% upside to the current share price following the completion of the two farm-out transactions. Given the early stage frontier nature of CTP’s exploration permits, we believe the most appropriate valuation technique is a risked assessment of CTP’s assets based on enterprise value per acre for recent comparable transactions.
Given the completion of CTP’s farm-out transactions on its Amadeus/Pedirka and Southern Georgina basin assets we have a clearer picture on the value of this frontier territory.
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Last
4.8¢ |
Change
-0.004(7.69%) |
Mkt cap ! $35.52M |
Open | High | Low | Value | Volume |
5.0¢ | 5.0¢ | 4.8¢ | $22.36K | 454.9K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 104163 | 4.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
5.2¢ | 96150 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 104163 | 0.049 |
3 | 1201484 | 0.048 |
1 | 100000 | 0.046 |
2 | 280000 | 0.045 |
2 | 28222 | 0.041 |
Price($) | Vol. | No. |
---|---|---|
0.052 | 96150 | 1 |
0.055 | 11000 | 1 |
0.057 | 45000 | 1 |
0.059 | 25000 | 1 |
0.060 | 210909 | 3 |
Last trade - 11.34am 12/07/2024 (20 minute delay) ? |
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