CTP central petroleum limited
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A very solid quarterly. Revenue robust. Further debt reduction...

  1. invertedva
    9,269 Posts.
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    30/01/20
    18:50
    Post #: 42653221
    A very solid quarterly. Revenue robust. Further debt reduction (paving way for restructuring). New assets.

    The recent fall in the share price was premised on fears about revenue falls (on the back of questions about reserves). This fall in share price now appear s unwarranted. Indeed, with the further deleveraging, I think we should be above 20 cents, not hovering below 15 cents.
    CTP Price at posting: 13.0¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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