This Govt may be a little slow but may get there in the long run, They have finally started to refer to gas as a transitioning resource and for that reason opening up new basins is getting a nod in the budget. That should give CTP a bit of a lift.
While I have no idea where gas producers will be in 2050 or even 2040, frankly I couldn't give a toss, but the next 5 years is going to be very important for gas if only CTP can keep on generating a profit and continue to expand the resource I think the next 5 years will quite rewarding.
No Disallowed here but I would expect to double my money in the next 12 months. Which is better than my telco or bank shares.
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CTP
central petroleum limited
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6.0¢

Opening up basins
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Last
6.0¢ |
Change
0.001(1.69%) |
Mkt cap ! $45.16M |
Open | High | Low | Value | Volume |
6.1¢ | 6.1¢ | 5.6¢ | $114.2K | 1.939M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 202537 | 5.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
6.0¢ | 160263 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 202537 | 0.059 |
1 | 349987 | 0.058 |
1 | 99966 | 0.056 |
3 | 301000 | 0.055 |
2 | 500000 | 0.053 |
Price($) | Vol. | No. |
---|---|---|
0.060 | 160263 | 1 |
0.061 | 82522 | 2 |
0.062 | 50596 | 1 |
0.063 | 60556 | 1 |
0.064 | 278115 | 2 |
Last trade - 15.45pm 17/09/2025 (20 minute delay) ? |
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CTP (ASX) Chart |