CTP 0.00% 5.3¢ central petroleum limited

spp

  1. 61 Posts.
    I cant work out how CTP is going to have the money to drill, 5 million from the CR and the spp will not be filled due to the share price being lower than 5.5, what is the burn rate of cash? Dec or next year is still months away, so ctp will be burning money for the rest of the year.The drill contract will have to be for more than one hole as drilling companys dont do 1 drill holes they are in hot demand.I cant see how their going to drill, if anyone has any ideas?
 
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5.3¢
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Mkt cap ! $39.22M
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5.3¢ 5.4¢ 5.3¢ $52.12K 978.8K

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No. Vol. Price($)
1 454057 5.3¢
 

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Price($) Vol. No.
5.4¢ 46397 1
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Last trade - 16.10pm 28/06/2024 (20 minute delay) ?
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