CTP 0.00% 4.8¢ central petroleum limited

toys out of the pram, page-2

  1. 609 Posts.
    I probably wouldnt get the toys out just yet ST.

    Firstly the dilution isn't that substantial to warrant the SP back to 15c though it is possible for the market to value it at 15.

    Secondly and more importantly - they will spud the first well before they dilutionary effect even comes into place! hence you can assume the SP will rise upon spud and 15c may not be seen again.

    At this stage, Blamore is said to be completed by 15th June and the allotment date's the 12th June.



 
watchlist Created with Sketch. Add CTP (ASX) to my watchlist
(20min delay)
Last
4.8¢
Change
0.000(0.00%)
Mkt cap ! $35.52M
Open High Low Value Volume
4.9¢ 4.9¢ 4.8¢ $2.624K 53.82K

Buyers (Bids)

No. Vol. Price($)
1 980647 4.8¢
 

Sellers (Offers)

Price($) Vol. No.
4.9¢ 189266 2
View Market Depth
Last trade - 16.10pm 26/07/2024 (20 minute delay) ?
CTP (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.