Klaas, I don't think that the low oil prices will be around for too long, but I do think that the pressure on Natural Gas delivery across Australia will keep the Gas price higher for a longer time.
CTP seems to be positioned to take advantage of that sooner than a lot of others (it is easy to turn a smaller ship), so I hope that will be enough. The bigger issue is to hold on for long enough to get there.
I'm not a Geo, but I think the announcment was ok, but I wouldn't expect it to be much weaker than it was if the situation was bad - CTP does need to put a positive spin on these things.
In the end we just have to wait and see what the results tell us. Unfortunately that will take time.
- Forums
- ASX - By Stock
- Ann: Drilling Update - Gaudi-1 Unconventional Gas Explorn Well
Klaas, I don't think that the low oil prices will be around for...
-
- There are more pages in this discussion • 7 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add CTP (ASX) to my watchlist
|
|||||
Last
4.8¢ |
Change
-0.004(7.69%) |
Mkt cap ! $35.52M |
Open | High | Low | Value | Volume |
5.0¢ | 5.0¢ | 4.8¢ | $22.36K | 454.9K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 104163 | 4.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
5.2¢ | 96150 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 104163 | 0.049 |
3 | 1201484 | 0.048 |
1 | 100000 | 0.046 |
2 | 280000 | 0.045 |
2 | 28222 | 0.041 |
Price($) | Vol. | No. |
---|---|---|
0.052 | 96150 | 1 |
0.055 | 11000 | 1 |
0.057 | 45000 | 1 |
0.059 | 25000 | 1 |
0.060 | 210909 | 3 |
Last trade - 11.34am 12/07/2024 (20 minute delay) ? |
Featured News
CTP (ASX) Chart |