CTP 1.92% 5.1¢ central petroleum limited

As previously stated at this share price my preference is for a...

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  1. 6,317 Posts.
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    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.
 
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