CTP
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10.0% 5.5¢ central petroleum limited

Ann: Amadeus Basin Exploration Update, page-15

  1. O&GInvestor
    725 Posts.
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    26/10/21
    18:41
    Post #: 57090047
    No, was referring to the one by MST Access dated 27 Sep 2021, which notes on Page 19:

    "CTP is valued significantly below the peer average, with CTP's EV/2P+2C of 0.27 comparing to the average of 0.50. The peer average would see CTP valued at A$0.20 vs the current share price of A$0.11..."

    Why are we so "significantly" below the peer average? This poorly written announcement surely doesn't help.
    CTP Price at posting: 13.5¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 4  Upvote
    lightbulb Created with Sketch.  Great analysis
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