CTP
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10.0% 5.5¢ central petroleum limited

This is fair - the Gas Market Reform Group published its prelim...

  1. psi81
    6,303 Posts.
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    07/06/17
    10:24
    Post #: 25142757
    This is fair - the Gas Market Reform Group published its prelim recommendations and EY will need to see what effect the proposed reforms will have.

    I suspect the change to valuation will be fairly small and not enough for EY to change its recommendation, because I think the changes will be captured in the uncertainty around their gas price assumptions. But the changes are positive for companies like CTP, particularly the ability to request arbitration.
    CTP Price at posting: 17.0¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch. 9  Upvote
    lightbulb Created with Sketch.  Great analysis
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