CTP
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0.00% 5.4¢ central petroleum limited

CTP company development / capital management, page-62

  1. aabbaadd
    357 Posts.
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    21/03/19
    22:01
    Post #: 37845554
    Morgans have " conservatively " valued CTP as worth 21c on basis of existing 2P reserves. They see future reserves increase in value in Dukas. If Dukas is very successful that will happen. If Dukas is a disappointment share price will disintegrate and CTP will become increasingly vulnerable to being taken over at fire sale prices.
    CTP Price at posting: 13.0¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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