CTP
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1.92% 5.1¢ central petroleum limited

Yeah perhaps i have missed something? But i was expecting around...

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  1. youwishfood
    138 Posts.
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    07/02/19
    18:23
    Post #: 37367593
    Yeah perhaps i have missed something? But i was expecting around $13.5M additional revenue each quarter. I can't see any guidance on this from CTP?

    They have given guidance on next quarters cash outflows... Based on that guidance it looks like operating costs will increase by approx $3M....

    So that is giving them a lot of extra free cash should be in the order of $40M-$50M per year.

    How can their market cap only be $95M when they are making that sort of money? 


    CTP Price at posting: 14.0¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 5  Upvote
    lightbulb Created with Sketch.  Great analysis
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5.1¢ 		Change
-0.001(1.92%) 		Mkt cap ! $37.74M
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5.1¢ 5.1¢ 5.1¢ $11.38K 223.2K

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2 60226 5.1¢
 

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Price($) Vol. No.
5.2¢ 140142 1
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