CEO's assertion there is " strong interest from local and international industry participants " farm-ins is no longer plausible. Financially the best way to achieve value by those alleged companies is more direct action by them. The smart way for those companies to proceed now is combine in a takeover offer for CTP. Near - term share price is likely 5 cps meaning instead of spending AU$51 million for part ownership of some CTP assets they can spend AU$38.5 million and own all CTP. This is a challenge to shareholder syndicate plan for similar initiative.
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CTP
central petroleum limited
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5.5¢

CEO's assertion there is " strong interest from local and...
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Last
5.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $40.98M |
Open | High | Low | Value | Volume |
5.4¢ | 5.5¢ | 5.3¢ | $2.456K | 45.65K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 275393 | 5.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
5.5¢ | 127247 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 275393 | 0.053 |
4 | 480000 | 0.052 |
4 | 940000 | 0.051 |
4 | 560000 | 0.050 |
1 | 100000 | 0.044 |
Price($) | Vol. | No. |
---|---|---|
0.055 | 127247 | 1 |
0.058 | 6030 | 1 |
0.059 | 326120 | 2 |
0.060 | 140000 | 1 |
0.067 | 149268 | 1 |
Last trade - 15.58pm 25/07/2025 (20 minute delay) ? |
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CTP (ASX) Chart |
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P.HOTC
HotCopper
Frazer Bourchier, Director, President and CEO
Frazer Bourchier
Director, President and CEO
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