CTP central petroleum limited

This is my take on the dividend argument.First of all, forget...

  1. 1,589 Posts.
    lightbulb Created with Sketch. 151
    This is my take on the dividend argument.
    First of all, forget it. The board has no intention of giving shareholders any money.
    Why?
    Simples. They will always keep a cash buffer to ensure they can keep on going and going …. milking us for as long as they can.
    There will be no risk taking on their part regarding exploration.
    They will not budge unless a rich prospect puts up the cash for a JV.
    Good luck with that happening.
    The market says no.
    Simples.

 
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
5.7¢
Change
-0.003(5.00%)
Mkt cap ! $42.47M
Open High Low Value Volume
6.0¢ 6.0¢ 5.7¢ $30.21K 522.5K

Buyers (Bids)

No. Vol. Price($)
3 93906 5.7¢
 

Sellers (Offers)

Price($) Vol. No.
5.9¢ 8000 1
View Market Depth
Last trade - 13.39pm 17/06/2025 (20 minute delay) ?
CTP (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.