CTP central petroleum limited

Starting to bode well for CTP, looks like Santos are in need to...

  1. 1,368 Posts.
    Starting to bode well for CTP, looks like Santos are in need to raise money and that means some asset bargains may soon be on the horizon, could this be the other 1/2 of Santos inland NT oil and gas fields that may be RC could be trying to secure. This as detailed below from news just released.
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    The grains of optimism starting to filter through oil markets is doing little for Santos, where investor sentiment is being increasingly clouded by concerns that the new $US18.5 billion GLNG project in Queensland will run short of gas.

    Analyst Mark Samter, a perennial bear on Santos, is also convinced the company needs to raise fresh equity to maintain its investment-grade credit rating, even after last year's heavily dilutive $3 billion raising.

    http://www.copyright link/business/energy/gas/santos-under-pressure-as-glng-performance-questioned
 
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(20min delay)
Last
5.5¢
Change
0.000(0.00%)
Mkt cap ! $40.98M
Open High Low Value Volume
5.5¢ 5.5¢ 5.2¢ $79.13K 1.470M

Buyers (Bids)

No. Vol. Price($)
4 411012 5.2¢
 

Sellers (Offers)

Price($) Vol. No.
5.5¢ 333386 2
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Last trade - 16.10pm 29/07/2025 (20 minute delay) ?
CTP (ASX) Chart
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