CTP
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0.92% 5.5¢ central petroleum limited

CTP DEVELOPMENT POSSIBILITIES, page-337

  1. beerzy808
    7 Posts.
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    22/08/24
    13:04
    Post #: 75324738
    CTP should not spend another cent on exploration drilling.

    The simple playbook for CTP board is as below.

    1) Production drilling for Mereenie
    2) Production drilling for Palm Valley
    3) Announce 10% buyback (up to 8c)
    4) Switch to dividends once share price is at 8c
    5) Put company up for sale (JV partners ECH or HZN or CUE)

    CTP Price at posting: 5.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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5.5¢ 		Change
0.001(0.92%) 		Mkt cap ! $40.70M
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5.5¢ 5.8¢ 5.4¢ $168.4K 3.040M

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1 462981 5.4¢
 

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Price($) Vol. No.
5.5¢ 507230 2
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