CTP central petroleum limited

CTP CHANGE OF OWNERSHIP, page-69

  1. 6,450 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
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($)
2 43906 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.