CTP 2.86% 6.8¢ central petroleum limited

For the most part CTP has had potential, but has continually...

  1. 336 Posts.
    lightbulb Created with Sketch. 107
    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.

 
watchlist Created with Sketch. Add CTP (ASX) to my watchlist
(20min delay)
Last
6.8¢
Change
-0.002(2.86%)
Mkt cap ! $50.33M
Open High Low Value Volume
6.8¢ 6.8¢ 6.8¢ $816 12K

Buyers (Bids)

No. Vol. Price($)
3 110935 6.8¢
 

Sellers (Offers)

Price($) Vol. No.
7.0¢ 1000463 3
View Market Depth
Last trade - 11.01am 22/05/2024 (20 minute delay) ?
Last
6.8¢
  Change
-0.002 ( 1.45 %)
Open High Low Volume
6.8¢ 6.8¢ 6.8¢ 16048
Last updated 13.27pm 22/05/2024 ?
CTP (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.