CTP central petroleum limited

we all have our point of view based on our levels of optimism,...

  1. 580 Posts.
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    we all have our point of view based on our levels of optimism, pessimism or just past knowledge of CTP. But I doubt any of us would have predicted our share price would be at 12c now after we started to get positive results from dukas. then again after the far better than expected results in the qld gas find, but for some reason our share price continues to flow down hill. we have paid off millions off out debt and have a steady cashflow yet our share price is worse than when we had more debt and a smaller cashflow. Where is the support from the market. Santos's decision to walk away from Dukas for a year or two has crippled us. In fact when l look back over our history with Santos i must say i am not impressed, we have had delay after delay with them. Nothing we have done with them has gone anywhere even though we have had some very encouraging signs. In my view Santos has not been such a great partner, there seems to be little thought by them of our (their partners) interests. i dont like conspiracy theories but is there another reason for delaying so many things so often. When I look at the price decline and the daily trading i wonder if someone is manipulating it down, to keep a lid on it. Soon as it starts to jump up someone drops a couple of shares at .5c cheaper to lower the selling price and pushing the share price down. I dont know how many times I have checked my phone during the day to see it up .5c or even today up 1c for a brief period of time before ending up .5c down at the end of the day.



 
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(20min delay)
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
View Market Depth
Last trade - 15.15pm 20/06/2025 (20 minute delay) ?
CTP (ASX) Chart
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