I may be over optimistic but I agree with the chairman. The Qld gas field will certainly nudge our share price up once they start to qualify its reservers. If Santos ever gets off their lazy butts and redrills Dukas, then we should see a healthy rise in our share price. and there is the chance of some additional reserve boosts from their near term drilling program. you would have to assume that the drilling program would be going after low hanging fruit.
while the share market is getting kicked around, i think that CTP is still a good investment. People will still buy gas, CTP should not see any demonstrative downturn in their income over the next year. A lot of other companies and industries will suffer biggly as this virus continues for the next 6 months probably until our winter is over.
I would not be surprised (no pun intended) to see another bid for it in the near future. before Dukas is drilled, I still wonder if the decision by Santos not to drill is to keep pressure on our share price. it would be a lot cheaper for them or an ally to buys us than to share with us.
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CTP
central petroleum limited
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5.9¢

I may be over optimistic but I agree with the chairman. The Qld...
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Last
5.9¢ |
Change
0.001(1.72%) |
Mkt cap ! $43.97M |
Open | High | Low | Value | Volume |
5.9¢ | 5.9¢ | 5.7¢ | $4.364K | 74.41K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 564138 | 5.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
5.9¢ | 172675 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 564138 | 0.057 |
2 | 224795 | 0.056 |
1 | 100000 | 0.055 |
2 | 108144 | 0.054 |
1 | 18870 | 0.053 |
Price($) | Vol. | No. |
---|---|---|
0.059 | 172675 | 2 |
0.061 | 137146 | 2 |
0.062 | 10000 | 1 |
0.067 | 149268 | 1 |
0.068 | 409677 | 2 |
Last trade - 15.15pm 20/06/2025 (20 minute delay) ? |
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CTP (ASX) Chart |