CTP central petroleum limited

Might be time to say goodbye CTP, page-2

  1. 740 Posts.
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    At this point I have to say it's difficult to argue with you Happykiwi (although Unhappykiwi might be a little more appropriate at present).

    Your attitude is completely understandable, and it's that same view that drives the SP under 8c like it is right now. The registry needs "sticky shareholders" who have faith in the medium-long term value, and aren't prepared to sell for anything less than 20-40c. Your view, and obviously the view of many others, is absolutely the opposite, which is a crying shame.

    It's true LD hasn't set the world on fire, although I must admit he is a steadier hand at the wheel than RC was. That said, with Wrix at the helm what chance do we have?? Talk about an accidental (and sleepy) chairman if ever there was one!

    There is a light at the end of the tunnel, but it's not easy to see at present. It's up to the board to change that perception in the marketplace, and they need to start doing it soon. Apart from personnel movements and admin issues, the last announcement which actually had new or updated info was 3 months ago (27 March Operational Update). This is too long between drinks for a company of this size. The pandemic has had an impact, but it has also created a useful rock to hide behind.

    Resting on laurels under the guise of the Pandemic at sub 10c won't wash anymore. The board needs to wake up and sell the potential of the Company and convince current and new shareholders what's on offer, when it will happen (without constantly moving the goalposts), and how much it's worth to the shareprice.

    Other small cap companies are doing this, and it's making CTP look like our current chair, sleepy!
 
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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
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Last trade - 15.15pm 20/06/2025 (20 minute delay) ?
CTP (ASX) Chart
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