"Market cap of $100,000,000 and they are currently making $0."
If you only look at the revenue, I suggest you buy a retail stock instead of a exploration stock.
Even if 10% of the UOIIP of 500 MMbbls, it would worth $100mil if the profit is say only $20 per barrel.
And that is just from a small portion of the CTP exploration targets.
You buy stock like this hoping for another SFR story (SFR SP from 7c to $7 in 1.5 year) , not for a 20%+ returns.
For sure you can make a few quid now, but just try asking those who sold SFR at 14c thinking that they are making a 100% profit.
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central petroleum limited
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major discovery?shareprice only 10c??, page-18
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Last
5.8¢ |
Change
0.002(3.57%) |
Mkt cap ! $43.22M |
Open | High | Low | Value | Volume |
5.7¢ | 5.8¢ | 5.5¢ | $4.64K | 83.53K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 203890 | 5.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
5.8¢ | 89870 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 203890 | 0.056 |
4 | 210033 | 0.055 |
2 | 435000 | 0.054 |
4 | 839880 | 0.053 |
5 | 614242 | 0.052 |
Price($) | Vol. | No. |
---|---|---|
0.058 | 89870 | 1 |
0.059 | 142036 | 2 |
0.060 | 447084 | 5 |
0.061 | 50000 | 1 |
0.062 | 100000 | 1 |
Last trade - 15.58pm 07/08/2025 (20 minute delay) ? |
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