CTP
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3.85% 5.0¢ central petroleum limited

CTP DEVELOPMENT POSSIBILITIES, page-337

  1. beerzy808
    6 Posts.
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    22/08/24
    13:04
    Post #: 75324738
    CTP should not spend another cent on exploration drilling.

    The simple playbook for CTP board is as below.

    1) Production drilling for Mereenie
    2) Production drilling for Palm Valley
    3) Announce 10% buyback (up to 8c)
    4) Switch to dividends once share price is at 8c
    5) Put company up for sale (JV partners ECH or HZN or CUE)

    CTP Price at posting: 5.0¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
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Last
5.0¢ 		Change
-0.002(3.85%) 		Mkt cap ! $37.00M
Open High Low Value Volume
5.1¢ 5.1¢ 4.9¢ $330.0K 6.607M

Buyers (Bids)

No. Vol. Price($)
3 273738 4.9¢
 

Sellers (Offers)

Price($) Vol. No.
5.5¢ 99998 1
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Last trade - 16.10pm 22/08/2024 (20 minute delay) ?
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