They are too scared to drill because they are afraid of failure and only interested in keeping CTP slowly chugging along so they can continue to get overpaid for no return to shareholders, for as long as possible.
Also, after all this time, the current mob of numb nuts have proven that they have no connections in the right circles.
Great news the Federal Government has declared the need for new gas exploration which has bolstered the share price of others but the market says no to CTP. No confidence in management.
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CTP
central petroleum limited
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5.7¢

CTP DEVELOPMENT POSSIBILITIES, page-253
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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 | 82027 | 5.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
5.9¢ | 8000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 82027 | 0.057 |
1 | 199000 | 0.056 |
2 | 108144 | 0.054 |
1 | 18870 | 0.053 |
2 | 700000 | 0.052 |
Price($) | Vol. | No. |
---|---|---|
0.059 | 8000 | 1 |
0.061 | 137146 | 2 |
0.062 | 10000 | 1 |
0.065 | 206973 | 2 |
0.067 | 149268 | 1 |
Last trade - 13.39pm 17/06/2025 (20 minute delay) ? |
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CTP (ASX) Chart |
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RC1
REDCASTLE RESOURCES LIMITED
Ronald Miller, Non-Executive Director
Ronald Miller
Non-Executive Director
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