CTP
Click for more information
0.00% 5.2¢ central petroleum limited

I think realistically the price needs to be at 90 cents to $1...

  1. everready
    230 Posts.
    lightbulb Created with Sketch. 1
    clock Created with Sketch.
    20/02/14
    13:22
    Post #: 12962209
    I think realistically the price needs to be at 90 cents to $1 for option conversion. The issue is - if you had the cash and believed the story you would be buying now. The SP will likely dip if the options are converted - possibly not - but there will be a dilutory effect. If we get to 80 cents ONLY, I would think a lot of people will not convert because there is a risk that it will go lower, when people sell to pay for their option conversion. If that makes sense...
    CTP Price at posting: 50.0¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

 

Featured News

NEWS High-grade drill results confirm extension at Paddy’s Lodes—reinforcing significant discovery and growth potential at Youanmi Gold Project
right-arrow Created with Sketch.
NEWS Waroona Project financing strategy aims for non-dilutive funding solutions - discover how this approach will support its Stage One development
right-arrow Created with Sketch.
NEWS Gold mineralisation discovered along major shear zone at Challa Gold Project, confirming two new intersections in latest aircore drilling
right-arrow Created with Sketch.
NEWS Breakthrough programs slash healthcare events, driving a significant A$1.8M+ annual revenue boost
right-arrow Created with Sketch.
NEWS Key permitting milestone reached for Antler Copper Project as air quality application moves to substantive review, pushing development forward
right-arrow Created with Sketch.
NEWS Antler Copper Project hits major permitting milestone – air quality permit advances to final review
right-arrow Created with Sketch.
watchlist Created with Sketch. Add CTP (ASX) to my watchlist
(20min delay)
Last
5.2¢ 		Change
0.000(0.00%) 		Mkt cap ! $38.48M
Open High Low Value Volume
5.4¢ 5.4¢ 5.2¢ $20.01K 377.6K

Buyers (Bids)

No. Vol. Price($)
2 394141 5.2¢
 

Sellers (Offers)

Price($) Vol. No.
5.3¢ 65000 1
View Market Depth
Last trade - 12.47pm 04/10/2024 (20 minute delay) ?
CTP (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.