I have owned, invested (until i was fed up with management) and traded this stock so still keep an eye on proceedings.
5Shareholder i totally agree with you unfortunately majority of investors dont even do their due diligence and compare it with its peers to how much production is required to justify a companies market cap and you have hit it on the head the BOEPD that CPT require to justifyits current market cap is a long shot. Theer are PRODUCERS with lower market caps and higher potential
call me a down ramper or whatever else because i pose a differing view, however i do encourage you to compare this company to other O&G juinours and do your research to understand its value. VIL was a great example in Jan of a juinor explorer that with a sniff of gas shot up 8 fold becasue of the low market cap it had and the potential of its targets, QPN is another wit htiny market cap with a huge target which if they hit will explode. However with a market cap of 60m if CTP hit their target how many multiples of 60m do you think it will be worth ????
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CTP
central petroleum limited
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5.5¢

bargain price, page-26
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Last
5.5¢ |
Change
0.003(5.77%) |
Mkt cap ! $40.98M |
Open | High | Low | Value | Volume |
5.4¢ | 5.5¢ | 5.4¢ | $4.086K | 75.54K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 622641 | 5.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
5.5¢ | 128430 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 622641 | 0.053 |
3 | 556468 | 0.052 |
3 | 840000 | 0.051 |
3 | 500000 | 0.050 |
1 | 100000 | 0.044 |
Price($) | Vol. | No. |
---|---|---|
0.055 | 128430 | 1 |
0.056 | 15000 | 1 |
0.058 | 6030 | 1 |
0.059 | 196447 | 1 |
0.060 | 150000 | 2 |
Last trade - 15.44pm 18/07/2025 (20 minute delay) ? |
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CTP (ASX) Chart |