CTP 0.00% 5.5¢ central petroleum limited

substantial holeder in monitor, page-6

  1. 120 Posts.
    I can't say I agree with this type of "investment" behaviour, from CTP or any company for that matter.

    I would much prefer if they used shareholder funds to develop their own projects, put it in the bank where it is safe, or - if they don't need the cash in the medium term - institute a share buy-back or pay a dividend.

    After all, If I thought MHL was a good investment, I would buy some of their shares on the market. I didn't give CTP my money so they could go and speculate on the success of another company... I'm quite capable of doing that myself.
 
watchlist Created with Sketch. Add CTP (ASX) to my watchlist
(20min delay)
Last
5.5¢
Change
0.000(0.00%)
Mkt cap ! $40.70M
Open High Low Value Volume
5.5¢ 5.5¢ 5.5¢ $68 1.229K

Buyers (Bids)

No. Vol. Price($)
1 347403 5.0¢
 

Sellers (Offers)

Price($) Vol. No.
5.2¢ 20428 1
View Market Depth
Last trade - 10.07am 05/08/2024 (20 minute delay) ?
CTP (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.