1) Change in MD back in 2012, failed to appreciate and maintain share price, CTP is 2 cent Coy;
2) Purchase of Santos and Magellan assets failed to appreciate share price, CTP is a 2 cent Coy;
3) Significant JV as secured in 2012 failed to appreciate share price, CTP is a 2 cent Coy;
4) Announcement of NEGI pipeline failed to appreciate share price, CTP is a 2 cent Coy;
5) Bean counter deals failed to appreciate share price, CTP is a 2 cent Coy.
So what will move sentiment into the right direction what will be the catalyst for appreciation of share price, could it be the following:
1) Farmouts and/or joint ventures, more specifically associated with Surprise oil field as planned prior;
2) Application of value adding technology – Micro LNG as planned prior;
3) Removal from the penny dreadful category and classification;
4) Solidification of the share registry with solid investors;
5) Pumping gas through to eastern States;
6) Positive update of US of A court case;
7) Change in board;
8) Acquisition.
Assume that the removal of Santos (original bean counter deal) from the constraints that may be holding central back (helium......) may also provide to be a catalysis for improved sentiment.
