Lifestyle companies or cash cows for the intellectuals , one may call them, on the good side they have a self interest to perpetuate the life of the cow , no more sucking teats if its dead and they would get a bad reputation , so they do do some work to make sure that their salaries are covered and occasionally accidentally create grater value than needed so the poor bleating retail investors get a little crumb from under the table.
My strategy has been to look for undervalued propositions, so 10 years ago i found this little company with a plot of contry the size of Texas in the middle of Australia that was under explored and thought , hey this in the right hands will be valuable one day, i still think that , its just the one day has not come yet.
I dont think these guys are lifestylers , as i said above there are many factors that affect the progress of any business. This is a very tough gig.
On the positive i believe that the new pipeline that is proposed will be a gamechanger and we have yet to see the outcome of the recent farmout.
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central petroleum limited
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Question about CTP production capacity, page-12
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Last
5.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $40.24M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 95150 | 5.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
5.5¢ | 220000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 95150 | 0.054 |
2 | 94907 | 0.053 |
5 | 684263 | 0.052 |
2 | 820000 | 0.051 |
5 | 539152 | 0.050 |
Price($) | Vol. | No. |
---|---|---|
0.055 | 220000 | 1 |
0.056 | 15000 | 1 |
0.058 | 6030 | 1 |
0.059 | 326120 | 2 |
0.060 | 160000 | 3 |
Last trade - 16.21pm 07/07/2025 (20 minute delay) ? |
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AUSTRALIAN GOLD AND COPPER LTD
Glen Diemar, MD
Glen Diemar
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