Patterson's Latest report as of 15th Nov 2012.
Same S#*t, different price.
Valuation $0.38cps
We have maintained our SPECULATIVE Buy rating and our risked valuation/price target for CTP at $$0.38cps, which represents 138% upside to the current share price following the completion of the two farm-out transactions. Given the early stage frontier nature of CTP’s exploration permits, we believe the most appropriate valuation technique is a risked assessment of CTP’s assets based on enterprise value per acre for recent comparable transactions.
Given the completion of CTP’s farm-out transactions on its Amadeus/Pedirka and Southern Georgina basin assets we have a clearer picture on the value of this frontier territory.
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Last
4.9¢ |
Change
-0.001(2.00%) |
Mkt cap ! $36.26M |
Open | High | Low | Value | Volume |
5.0¢ | 5.0¢ | 4.9¢ | $13.5K | 270.0K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 199992 | 4.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
5.0¢ | 46448 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 903329 | 0.048 |
1 | 200000 | 0.047 |
1 | 100000 | 0.046 |
1 | 60000 | 0.045 |
4 | 370418 | 0.041 |
Price($) | Vol. | No. |
---|---|---|
0.050 | 46448 | 1 |
0.055 | 16663 | 1 |
0.058 | 172431 | 1 |
0.059 | 25000 | 1 |
0.060 | 210909 | 3 |
Last trade - 16.10pm 09/08/2024 (20 minute delay) ? |
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