"This catalyst has generated an uplift in asset value that could be released efficiently through a sell-down. The key parameters for such divestment are anticipated to include: Central to retain a majority interest; Central to remain as operator; and Attract a fully aligned JV partner with financial and technical capacity.Based on indicative discussions and market approaches to date, combining a sell-down of operating assets with a farmout of the CY2020 exploration programme could generate significant interest from the market and allow Central to fully fund the CY2020 exploration programme and make a substantial debt repayment. Releasing asset level equity in this way could be more value-accretive for shareholders than other funding alternatives for this purpose".
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- Ann: CY2020 EXPLORATION PROGRAMME - NEW GROWTH PHASE
CTP
central petroleum limited
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5.6¢

Ann: CY2020 EXPLORATION PROGRAMME - NEW GROWTH PHASE, page-5
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Last
5.6¢ |
Change
-0.003(5.08%) |
Mkt cap ! $41.73M |
Open | High | Low | Value | Volume |
5.7¢ | 5.9¢ | 5.6¢ | $90.66K | 1.609M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 50000 | 5.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
5.7¢ | 300000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 50000 | 0.056 |
1 | 100000 | 0.055 |
2 | 108144 | 0.054 |
2 | 118870 | 0.053 |
2 | 700000 | 0.052 |
Price($) | Vol. | No. |
---|---|---|
0.057 | 300000 | 1 |
0.058 | 19929 | 1 |
0.059 | 482673 | 4 |
0.060 | 10000 | 1 |
0.061 | 137146 | 2 |
Last trade - 11.33am 23/06/2025 (20 minute delay) ? |
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CTP (ASX) Chart |