CTP is sitting on billions of tonnes of coal with very large but as yet unstated coal seam methane gas reserves.
Energy prices are rising as we have seen over the long weekend, with oil now up to $US45.70 per barrel.CTP also has one of the world's largest gas companies[British Gas] as a 30% joint venture partner.
Despite all these features,CTP has a share market capitalistion of only some $A30 million. This figure should be some 10 times this level if we compare to other CSM companies.Conix
rising energy pricesand only s30million cap
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Last
5.0¢ |
Change
-0.001(1.96%) |
Mkt cap ! $37.00M | |||
| Open | High | Low | Value | Volume |
| 5.1¢ | 5.1¢ | 5.0¢ | $61.41K | 1.222M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 462354 | 5.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.5¢ | 450000 | 1 |
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| Last trade - 15.12pm 30/07/2024 (20 minute delay) ? |
| CTP (ASX) Chart |