CTP central petroleum limited
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CTP should not spend another cent on exploration drilling. The...

  1. beerzy808
    10 Posts.
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    22/08/24
    13:04
    Post #: 75324738
    CTP should not spend another cent on exploration drilling.

    The simple playbook for CTP board is as below.

    1) Production drilling for Mereenie
    2) Production drilling for Palm Valley
    3) Announce 10% buyback (up to 8c)
    4) Switch to dividends once share price is at 8c
    5) Put company up for sale (JV partners ECH or HZN or CUE)

    CTP Price at posting: 5.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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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
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Last trade - 15.18pm 16/06/2025 (20 minute delay) ?
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