CTP
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3.85% 5.0¢ central petroleum limited

Take it easy! New leadership. We don't know what tangles RC left...

  1. Ashentegra
    2,299 Posts.
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    20/08/18
    19:59
    Post #: 35046884
    Take it easy!

    New leadership. We don't know what tangles RC left them to pick up, particularly as he left so abruptly.

    And holders cannot expect professional investor relations strokes from a $100m company. Make that $84m.

    CTP has cash and a positive EBIDTA. I see no impediment to Palm Valley drilling by contractors. Engineering can proceed too.

    No doubt the new chair and CEO are burning the midnight oil on strategy. Recent hiring has fleshed out the team.

    Be patient.

    Ash
    CTP Price at posting: 12.0¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 9  Upvote
    lightbulb Created with Sketch.  Great analysis
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