CTP central petroleum limited
Add to My Watchlist 0.00% ! 6.0¢

Buyback histories show they are disasters for both company and...

  1. aabbaadd
    1,144 Posts.
    lightbulb Created with Sketch. 171
    clock Created with Sketch.
    24/08/24
    16:09
    Post #: 75356791
    Buyback histories show they are disasters for both company and shareholders sometimes. In CTP's situation the risks of a disastrous outcome are high. Dividends demonstrate BOARD confidence in its plans, signal good prospects to new investors, and strengthen existing shareholder - Board relationship. Right now SPECIAL DIVIDEND 2 cps DECEMBER 2024 followed by quarterly half cent dividends is risk free way to proceed.
    CTP Price at posting: 5.5¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch. 1  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

 

Featured News

VMM Viridis Selected for BNDES and FINEP Strategic Mineral Funding to Advance Colossus Project
right-arrow Created with Sketch.
NEWS Ministerial Approval Grants Provisional Authorisation for Battery Anode Material Facility
right-arrow Created with Sketch.
NEWS High-Grade Gold Hits Extend Major Lodes at Kpali Prospect in Ghana
right-arrow Created with Sketch.
NEWS Building Permits Received for Phase One Renewable Power Plant
right-arrow Created with Sketch.
NEWS Bonanza Dittmer Drilling Hits 221g/t Gold in Stage 5 Intersection
right-arrow Created with Sketch.
NEWS FBR Executes Engineering Service Agreement with Samsung Heavy Industries
right-arrow Created with Sketch.
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.
Add to My Watchlist
(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.