I agree with you though the Mereenie & associated fields are mature. There's limited upside there. The coal seam gas assets have very large upside over a relatively short period of time but require capital in the venture with Incitec and then there's the big bets with the greenfield central Australia targets that are high risk/high reward. They need the cash, better I think to get it from asset realisation. I don't want another CR under 10c
There's been talk on other CTP threads about excessive board/executive remuneration. I won't add to that other than say in the scheme of things it's small fry compared to where this could go when (not if) the coal seam assets come online & then there's the wildcard with the large target greenfield targets. There's not much if any downside, possibly huge upside & it finally has well credentialed management & a board under a bloody good chairman.
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central petroleum limited
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Ann: Trading Halt, page-12
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Last
5.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $40.24M |
Open | High | Low | Value | Volume |
5.4¢ | 5.4¢ | 5.3¢ | $31.38K | 585.7K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 592825 | 5.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
5.5¢ | 50000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 592825 | 0.053 |
3 | 719000 | 0.052 |
2 | 900000 | 0.051 |
2 | 39000 | 0.050 |
1 | 22727 | 0.044 |
Price($) | Vol. | No. |
---|---|---|
0.055 | 50000 | 1 |
0.058 | 40723 | 2 |
0.059 | 482673 | 4 |
0.060 | 10000 | 1 |
0.061 | 137146 | 2 |
Last trade - 15.59pm 24/06/2025 (20 minute delay) ? |
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CTP (ASX) Chart |