CTP central petroleum limited
Add to My Watchlist 1.75% ! 5.6¢

"Forecast to be economic until 2048+"This transaction confirms...

  1. psi81
    6,452 Posts.
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    14/02/24
    14:00
    Post #: 72402863
    "Forecast to be economic until 2048+"

    This transaction confirms CTP is undervalued and makes management's underperformance even more clear IMO. CTP's share of Mereenie alone is worth more than the company's current EV and Mereenie is only about half of CTP's reserves.

    So just the producing assets alone are worth around 10c on this metric. Throw in the helium exploration assets and this is well undervalued.
    CTP Price at posting: 4.6¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch. 8  Upvote
    lightbulb Created with Sketch.  Great analysis
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Last
5.6¢ 		Change
-0.001(1.75%) 		Mkt cap ! $41.73M
Open High Low Value Volume
5.7¢ 5.7¢ 5.6¢ $4.731K 83.01K

Buyers (Bids)

No. Vol. Price($)
1 198010 5.6¢
 

Sellers (Offers)

Price($) Vol. No.
5.8¢ 50000 1
View Market Depth
Last trade - 15.57pm 18/06/2025 (20 minute delay) ?
CTP (ASX) Chart
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