CTP central petroleum limited

Oil price above $60.00 share price below .10c, page-2

  1. 741 Posts.
    lightbulb Created with Sketch. 236
    Gotta admit, this is a tough stock to hold. It seems shareholders are in a constant cycle of anticipation and despair, with no celebration.

    So many times have we all anticipated something that would be great for the Company;

    - purchase of Mereenie
    - installation of NGP
    - acquiring and initial drilling of Range
    - drilling of Dukas
    - moving from an explorer to producer

    Despite all of the above generally coming off, here we sit at a crappy market cap of $70m, substantially lower then when any of these started even being discussed.

    The volumes at this sub-10c level seem large enough to suggest a big player is bailing, or the market truly has no faith in the short-med term of the Amadeus drilling go ahead.

    We continue to wait, and anticipate, for a share price to celebrate (ie.>20c). Sadly I think we can pack the champagne away this year, but I hope for all on this forum I'm wrong...
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
5.5¢
Change
0.000(0.00%)
Mkt cap ! $40.98M
Open High Low Value Volume
5.7¢ 5.7¢ 5.4¢ $159.7K 2.896M

Buyers (Bids)

No. Vol. Price($)
1 38000 5.4¢
 

Sellers (Offers)

Price($) Vol. No.
5.5¢ 145969 2
View Market Depth
Last trade - 16.10pm 28/07/2025 (20 minute delay) ?
CTP (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.