CTP 6.00% 5.3¢ central petroleum limited

Have been buying back into CTP over the last few days as a...

  1. 365 Posts.
    Have been buying back into CTP over the last few days as a classic BESBS play.

    The company has now had a significant capital raising. This helps to secure funds and create a platform under the SP. No guarantees but for me, this is a sign that I look for.
    Apart from a few CSG holes (which are a bonus for me), the real gem is the upcoming Johnstone prospect. Talk of a massive potential 998mmbl of oil will get the punters in once the rig starts to move to the site (although I do not hold much value on most of these speculative oil/gas estimates at any time).

    Happily holding CTP (9.2c ave) for another (hopefully) profitable ride.
 
watchlist Created with Sketch. Add CTP (ASX) to my watchlist
(20min delay)
Last
5.3¢
Change
0.003(6.00%)
Mkt cap ! $40.70M
Open High Low Value Volume
5.5¢ 5.5¢ 5.3¢ $8.572K 158.2K

Buyers (Bids)

No. Vol. Price($)
3 1000123 5.0¢
 

Sellers (Offers)

Price($) Vol. No.
5.3¢ 65000 1
View Market Depth
Last trade - 12.06pm 16/08/2024 (20 minute delay) ?
CTP (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.