For the most part CTP has had potential, but has continually failed to deliver for shareholders.
Perhaps there may be a ray of hope with an anticipated gas shortfall for Australia's east coast markets, and now helium entering discussions.
CTP recorded sales revenue of $10.9m from sale of 1.3 petajoules equivalent in the March 2023 quarter, so it's not a total basket case. Admittedly its relative isolated tenements and costs have constrained its growth, but I'm not convinced the current board is capable of maximising the company's potential.
Sub salt Helium and Hydrogen, page-5
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Last
6.3¢ |
Change
-0.004(5.97%) |
Mkt cap ! $46.62M | |||
| Open | High | Low | Value | Volume |
| 6.3¢ | 6.6¢ | 6.3¢ | $4.861K | 76.89K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 123589 | 6.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 6.7¢ | 49924 | 1 |
View Market Depth
| Last trade - 16.10pm 03/06/2024 (20 minute delay) ? |
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Last
6.3¢ |
Change
-0.004 ( 5.97 %) |
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| Open | High | Low | Volume | ||
| 6.3¢ | 6.3¢ | 6.3¢ | 8261 | ||
| Last updated 15.58pm 03/06/2024 ? | |||||
| CTP (ASX) Chart |