Justinmentals " CTP has always been managed well ."
FACTS : 1. CTP pay over and above market for goods and services in N.T. - example - buys 6 SUVs in N.T. paying extra.
2. agrees to dodgy SOA resulting in unproductive cost to owner / shareholders AU$2 million.
3. at time on brink of financial oblivion spending AU$800 month on newspapers.
4. raises AU$27 million to drill 4 wells, drills only one, doesn't advise owner / shareholders or explain why, spends money covertly.
5. webcast quarterly report negotiated between owner / shareholders and CEO and Chair later cancelled without discussion or
explanation.
6. CEO said publicly he would not tell owner / shareholders anything more than compelled to by law.
7. " employee " numbers catapult from 99 ( 30.6.2018 ) to 200 ( 30.6.2019 ) without comment.
Clearly your posts can be taken at face value with total confidence.
Lectroid " ..delay in Dukas ..gives several years to load up on these shares..."
FACTS : 8. forward plan for Dukas not yet formulated and won't be likely until first quarter 2020.
9 CTP say earliest possible date for return to Dukas is 2021.
10. falling share price is currently 16.5 cents. In absence of Dukas driver likely falling to ....?
Professional analysts guess returrn to Dukas may take 5 years - thats 2024.
if you take his advice you will buy as price falls, continuing buying averaging down..until when...? ,...2024.
how low will it go. what will be new old flatlining experience price. how long will it last.
Brucesterfer. " ..in terms of CTPs plan going forward, i'm curious to how it will unfold and what indicative numbers they are expecting..."
FACTS : 1. this is one of a range of fundamental pieces of information owner / shareholders should have had well before AGM to consider.
2. decisions being made now set company trajectory likely for next five years.
3. missing foundational information makes it very likely meeting to vote 249Ds will have to be called after information disclosed first
quarter 2020.
Avemaria " .. the management from CTP appear to live under a veil of secrecy in many areas.."
Exactly. Refer FACTS 1 to 7 above.
Ashentegra " ...see if a better path can be found."
All above have re-described some of the reasons for :
voting AGAINST Remuneration Report, AGAINST Board re-elections, FOR spill motion.
Do it now.
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CTP
central petroleum limited
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Justinmentals " CTP has always been managed well ."FACTS : 1....
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Last
5.9¢ |
Change
0.001(1.72%) |
Mkt cap ! $43.97M |
Open | High | Low | Value | Volume |
5.9¢ | 5.9¢ | 5.7¢ | $4.364K | 74.41K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 564138 | 5.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
5.9¢ | 172675 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 564138 | 0.057 |
2 | 224795 | 0.056 |
1 | 100000 | 0.055 |
2 | 108144 | 0.054 |
1 | 18870 | 0.053 |
Price($) | Vol. | No. |
---|---|---|
0.059 | 172675 | 2 |
0.061 | 137146 | 2 |
0.062 | 10000 | 1 |
0.067 | 149268 | 1 |
0.068 | 409677 | 2 |
Last trade - 15.15pm 20/06/2025 (20 minute delay) ? |
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CTP (ASX) Chart |