CTP central petroleum limited

CTP CHANGE OF OWNERSHIP, page-69

  1. 6,449 Posts.
    lightbulb Created with Sketch. 2642
    Using the numbers aabbaadd posted in the other thread it works out to $12/GJ which is the East Coast price, give or take. Which of course they're not getting, they're getting around $8/GJ wellhead price.

    But that's just revenue. Nobody is silly enough to genuinely think you can pay dividends or fund exploration out of wellhead revenue so I'm assuming those are ramp/troll posts.

    Realistically an annual dividend or buyback equivalent to around 0.25c/sh seems sustainable, rising to 0.5c/sh once the overlift is repaid. At this share price they'd be mad not to do it as a buyback instead of a dividend.
 
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
6.0¢
Change
0.000(0.00%)
Mkt cap ! $44.71M
Open High Low Value Volume
6.0¢ 6.1¢ 6.0¢ $31.55K 521.6K

Buyers (Bids)

No. Vol. Price($)
2 203746 6.0¢
 

Sellers (Offers)

Price($) Vol. No.
6.1¢ 137146 2
View Market Depth
Last trade - 15.18pm 16/06/2025 (20 minute delay) ?
CTP (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.