All good Stockrocker, like you I have some cash sitting and waiting for opportunities over the next 6 weeeks. Very much agree about Surprise. As I said above, conventional assets to me are the core value of CTP, everything is speculative and offers up and to a lesser extent downside.
I have made my first foray back into CTP today. I am hoping to add more if the SP trends a little lower, or as you say, some sort of capital injection into the company may cause further fluctuations.
I am not ignoring any potential cap raisings or other capital injection methods, I simply think CTP is good value at this level considering that its MC was of a similar size before the 2 major farmouts, the Gas acquisition or CTP becoming a producer.
Prato, until CTP becomes of similar size and production to say, DLS, SXY, OSH, STO and others, its SP will move all over the place.
Here is how I view it, CTP is a much better investment proposition now, than say, back when it listed... Its much closer to actual exploration success now. I realise that it is little consolation for LT holders. But as a LT holder of other stocks that have yet to 'succeed', I feel your frustration, but temper it with the argument that we are not that far off (in Oil & Gas terminology) from moving to mid tier. BUT that of course requires successful exploration, which is about a guaranteed as a politician sticking to their word.
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Last
5.4¢ |
Change
-0.001(1.82%) |
Mkt cap ! $40.24M |
Open | High | Low | Value | Volume |
5.3¢ | 5.4¢ | 5.3¢ | $4.684K | 88.38K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 80011 | 5.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
5.5¢ | 3 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 80011 | 0.053 |
5 | 333254 | 0.052 |
3 | 536685 | 0.051 |
6 | 485000 | 0.050 |
1 | 150000 | 0.045 |
Price($) | Vol. | No. |
---|---|---|
0.055 | 3 | 1 |
0.057 | 34819 | 1 |
0.058 | 100000 | 1 |
0.060 | 99559 | 2 |
0.062 | 11500 | 1 |
Last trade - 14.26pm 05/11/2024 (20 minute delay) ? |
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