CTP central petroleum limited

5.77%

5.5¢

Ann: Santos sells its Mereenie interest to Macquarie, page-9

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The Avenger

4,343 Posts.

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20/12/16

13:23

Post #: 21460436
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Originally posted by The Avenger2 ↑

IMO doesn't change anything in relation to bidder possibilities in Santos, MAC bank or other parties.

SANTOS - still in the mix (reason - northern australia is CORE) =
If you read the recent Santos strategy update, as part of their SPP raise, they classify "northern australia" as one of the core areas of future development in their transformation agenda

MAC bank - securing gas assets and infrastructure is their play and they see the GAS market particularly on the eastern side as a growing market due to gas shortages caused by exporting to our Asian partners.

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also add MAC bank does look odds on favourite - that is
1. MAC bank - front-runner and looks more likely we will see revised bid soon
2. SANTOS - capital injection plan moves to second place. However, an offer for CTP not out of question
3. OTHER PARTIES - in third place and companies/insto's unknown

CTP Price at posting: 19.3¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 5.5¢		Change 0.003(5.77%)		Mkt cap ! $40.98M

Open	High	Low	Value	Volume
5.4¢	5.5¢	5.4¢	$4.086K	75.54K

Buyers (Bids)

No.	Vol.	Price($)
1	622641	5.3¢

Sellers (Offers)

Price($)	Vol.	No.
5.5¢	128430	1

View Market Depth

No.	Vol.	Price($)
1	622641	0.053
3	556468	0.052
3	840000	0.051
3	500000	0.050
1	100000	0.044

Price($)	Vol.	No.
0.055	128430	1
0.056	15000	1
0.058	6030	1
0.059	326120	2
0.060	150000	2

Last trade - 15.44pm 18/07/2025 (20 minute delay)

CTP (ASX) Chart

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Ann: Santos sells its Mereenie interest to Macquarie, page-9

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