CTP central petroleum limited
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Time to buy?, page-9

  1. Stoops
    1,075 Posts.
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    04/05/16
    11:31
    Post #: 17672751
    MJM23,

    All I can say is the Maquarie Bank and the Management of CTP believe that the net present value of the Dingo, Palm Valley and Mereenie fields are less than the current market cap. See page 24 of the half yearly report.

    Is it a good time to buy? With the future potential of CTP, its assets other than the Dingo, Palm Valley and Mereenie fields and the Dingo, Palm Valley and Mereenie fields having a net present value, as assessed by cynical bankers and CTP Managemnet, of over the market cap of all of CTP it would seem that it is a good time to buy CTP but DYOR.

    Cheers

    Stoops
    CTP Price at posting: 9.1¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 5  Upvote
    lightbulb Created with Sketch.  Great analysis
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5.5¢ 		Change
0.000(0.00%) 		Mkt cap ! $40.98M
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5.5¢ 5.5¢ 5.3¢ $10.50K 191.7K

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No. Vol. Price($)
1 513796 5.3¢
 

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Price($) Vol. No.
5.5¢ 100155 1
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Last trade - 16.10pm 22/07/2025 (20 minute delay) ?
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