CTP
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1.92% 5.1¢ central petroleum limited

Ann: FY2024 Results, page-9

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  1. psi81
    6,317 Posts.
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    20/09/24
    09:25
    Post #: 75757852
    As previously stated at this share price my preference is for a buyback over a dividend which would be unfranked, if I'm reading the AR correctly they've still got an unutilised accumulated tax loss of $132M.

    But I think it's pretty clear that the company is attempting to keep its powder dry for imminent returns of some sort. Perhaps not this year but next FY IMO.
    CTP Price at posting: 5.1¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
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