Using the numbers aabbaadd posted in the other thread it works out to $12/GJ which is the East Coast price, give or take. Which of course they're not getting, they're getting around $8/GJ wellhead price.
But that's just revenue. Nobody is silly enough to genuinely think you can pay dividends or fund exploration out of wellhead revenue so I'm assuming those are ramp/troll posts.
Realistically an annual dividend or buyback equivalent to around 0.25c/sh seems sustainable, rising to 0.5c/sh once the overlift is repaid. At this share price they'd be mad not to do it as a buyback instead of a dividend.
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central petroleum limited
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Last
5.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $40.98M |
Open | High | Low | Value | Volume |
5.7¢ | 5.7¢ | 5.4¢ | $25.53K | 470.5K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 104335 | 5.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
5.5¢ | 97257 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 104335 | 0.054 |
1 | 100000 | 0.053 |
3 | 719000 | 0.052 |
1 | 800000 | 0.051 |
1 | 20000 | 0.050 |
Price($) | Vol. | No. |
---|---|---|
0.055 | 97257 | 1 |
0.056 | 100000 | 1 |
0.057 | 22000 | 1 |
0.058 | 6030 | 1 |
0.059 | 369120 | 3 |
Last trade - 15.59pm 30/06/2025 (20 minute delay) ? |
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CTP (ASX) Chart |