Because even if they hit it, it's stranded and can't be brought to market quickly. It would need several appraisal wells, years of planning and approvals and then construction, with activists likely fighting it every step of the way.
Unfortunately Santos has bigger fish to fry. CTP doesn't. But Santos are the senior JV partner and I speak from years of personal experience that attempting to get Santos to do something they don't want to do is an exercise in futility. Santos will drill it when they're good and ready and not a moment before.
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- Ann: Notice of Annual General Meeting/Voting Form
CTP
central petroleum limited
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1.85%
!
5.5¢

Ann: Notice of Annual General Meeting/Voting Form, page-29
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Last
5.5¢ |
Change
0.001(1.85%) |
Mkt cap ! $40.98M |
Open | High | Low | Value | Volume |
5.4¢ | 5.5¢ | 5.4¢ | $91.62K | 1.696M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 449381 | 5.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
5.8¢ | 6030 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 449381 | 0.054 |
1 | 100000 | 0.053 |
3 | 719000 | 0.052 |
1 | 800000 | 0.051 |
2 | 39000 | 0.050 |
Price($) | Vol. | No. |
---|---|---|
0.058 | 6030 | 1 |
0.059 | 379120 | 4 |
0.060 | 160000 | 3 |
0.061 | 100000 | 1 |
0.067 | 149268 | 1 |
Last trade - 15.59pm 27/06/2025 (20 minute delay) ? |
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CTP (ASX) Chart |
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PAR
PARADIGM BIOPHARMACEUTICALS LIMITED..
Paul Rennie, MD & Founder
Paul Rennie
MD & Founder
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