CTP central petroleum limited

Ann: Amadeus Basin Exploration Update, page-12

  1. 740 Posts.
    lightbulb Created with Sketch. 235
    A return to Dukas drilling is what we've all been waiting patiently for since Aug-2019 when the last rig just couldn't quite handle the pressure. Talked up for years before the drilling as Central's most likely large (multi-TCF) play, this was the one that had the most likelihood of giving punters a multi-bagger.

    And as the news oozed out last week the excitement drove the SP to 15 cents and long termers were starting to think about being in the black again.

    Not one to let encouragement or timeliness alter the markets perception, CTP management wisely decided to confirm the Dukas return with an incredibly dry announcement, devoid of any enthusiasm, followed by a nice backhander called 2023.

    Some would wonder why in a recent investor note CTP was described as being undervalued compared to its peers. I'd like to enter the subject announcement as Exhibit A.
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
5.4¢
Change
0.000(0.00%)
Mkt cap ! $40.24M
Open High Low Value Volume
5.4¢ 5.4¢ 5.3¢ $31.38K 585.7K

Buyers (Bids)

No. Vol. Price($)
2 592825 5.3¢
 

Sellers (Offers)

Price($) Vol. No.
5.5¢ 50000 1
View Market Depth
Last trade - 15.59pm 24/06/2025 (20 minute delay) ?
CTP (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.