CTP central petroleum limited

Funny how the market reacts, or in this case doesn't react,...

  1. 740 Posts.
    lightbulb Created with Sketch. 235
    Funny how the market reacts, or in this case doesn't react, sometimes to important news. The last sentence is also a good hint of additional exploration to be announced for 2021.

    Assuming the Range pilot goes to plan, this should easily boost our value over 30 cents. Extra drilling (assuming not dusters) and the new pipeline mid-year announcement should get us to around 50 cents by end of year, without too much of a stretch.

    With a now very capable board and good management we are becoming a very undervalued stock. I guess eventually we will be noticed...
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
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
Last trade - 15.15pm 20/06/2025 (20 minute delay) ?
CTP (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.