CTP 1.85% 5.3¢ central petroleum limited

2018 price target?, page-33

  1. 357 Posts.
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    DYOR etc., GAP milestones are being met. Drilling success provides an ongoing disposable income from January 2019. Santos is tentatively planning to drill Dukas January 2019 - success there adds value including Helium production. Mount Kitty Helium could be added to Dukas Helium - its a high value product. A new pipeline to Moomba will give another access to east coast gas markets, treatment of Helium capacity, and reduced transportation costs. There is clearly present day and future value in CTP. Macquarie, who are not interested in small gains and have a future strategic focus, see present day and future value and maintain their Mereenie ownership and CTP shareholding. Voracious traders who are driving gas market stocks ignore CTP because it requires fundamental analysis, risk assessment and management and future planning - parasitic,emotionally crippled,socially retarded, socially unproductive traders have no tolerance for any of this. 90 % of day traders lose money - their "intelligence " is compromised by their psychology. And there is the additional dimension of value aware ongoing shareholders ready to organise and defeat any future low-ball attempts to buy the whole company. I wrote this article. It expresses my opinion. I have not been nor will i be paid for it. It is an interpretive view based on information available to all researchers.
 
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Last
5.3¢
Change
-0.001(1.85%)
Mkt cap ! $37.74M
Open High Low Value Volume
5.5¢ 5.5¢ 5.3¢ $39.37K 724.3K

Buyers (Bids)

No. Vol. Price($)
4 350627 5.3¢
 

Sellers (Offers)

Price($) Vol. No.
5.4¢ 209525 1
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Last trade - 16.10pm 25/11/2024 (20 minute delay) ?
CTP (ASX) Chart
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