CTP central petroleum limited

SP forecast

  1. 1,590 Posts.
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    This is my opinion. I expect the SP to settle around the 14c mark. This is because Dukas for all intents and purposes is dead in the water as far as the market is concerned.
    We are pumping a bit of gas and paying off some debt, so should stay in the doldrums of the mid teens, otherwise we would be back to the familiar territory of 8c quick smart.
    It was mentioned recently, that by the time Dukas was drilled again ( 20???) , all gas contracts would already have been filled. Not good, but a distinct possibility if we are honest.
    I recall way back a poster used to say " wake me up when the SP is ........"
    Might have to wait a while longer mate; for certain it will be years, how many is in the hands of the current board.
    Problem is, having to wait so long, will we still be afloat or a distant memory?
    So we have a plan for 2020. Appears that many holders reckon it is all good and the SP will rise. I disagree. The same happened in 2019, 2018, 2017, 2016, 2015, 2014, 2013, 2012.........that's when JH was given the arse and the "Messiah" RC was hailed as the new genius MD who was going to do another QGC.
    Oh my, we were all taken for a long and very costly ride.
    Transparency? We still do not know why RC was shown the door. We are only shareholders; none of our business? So now I must trust the new board? Sorry, not me.
    As they say the proof will be in the pudding, and until it is put in my plate in front of me I remain sceptical.
 
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Last
5.9¢
Change
0.001(1.72%)
Mkt cap ! $43.97M
Open High Low Value Volume
5.9¢ 5.9¢ 5.7¢ $4.364K 74.41K

Buyers (Bids)

No. Vol. Price($)
2 564138 5.7¢
 

Sellers (Offers)

Price($) Vol. No.
5.9¢ 172675 2
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Last trade - 15.15pm 20/06/2025 (20 minute delay) ?
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