I hate making any kind of share price predictions, but if all goes to plan (Blacktip causes CTP to be sole/main gas producer for NT since NGP closed, gas prices over $10/GJ, Stairway drilling occurs quickly & results as expected) then I would suggest we could be back in double digits by end of 3Q this calendar year.
If CTP start talking up a buyback, we may get there sooner. I would encourage them to do that, not just for us punters, but to protect us punters.
Because if the SP doesn't move much, its quite possible someone else (perhaps even our friendly JV partners) may decide it's worth a takeover of CTP... and I suspect the majority of (worn down) shareholders will be more willing to take the money and run this time.
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CTP
central petroleum limited
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5.6¢

I hate making any kind of share price predictions, but if all...
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Last
5.6¢ |
Change
-0.001(1.75%) |
Mkt cap ! $41.73M |
Open | High | Low | Value | Volume |
5.7¢ | 5.7¢ | 5.6¢ | $4.731K | 83.01K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 198010 | 5.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
5.8¢ | 50000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 198010 | 0.056 |
2 | 108144 | 0.054 |
1 | 18870 | 0.053 |
2 | 700000 | 0.052 |
1 | 800000 | 0.051 |
Price($) | Vol. | No. |
---|---|---|
0.058 | 50000 | 1 |
0.059 | 8000 | 1 |
0.060 | 100000 | 1 |
0.061 | 137146 | 2 |
0.062 | 10000 | 1 |
Last trade - 15.57pm 18/06/2025 (20 minute delay) ? |
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John Houston / Martin Ross
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