Comments on this forum should never be taken as investment advice.
|
|
Thread Tools | Display Modes |
#1
|
|||
|
|||
Central Petroleum Ltd (CTP) Richard Cottee Era Officially Begins
Central Petroleum Ltd (CTP) Richard Cottee Era Officially Begins
The final approval of Richard Cottee as CEO and the end to Board uncertainty marks a key milestone for CTP and we believe there are a number of key catalysts on the horizon which could significantly re-rate the company now that management can focus on operations. CTP is our top pick in the Australian shale space and we maintain our Speculative Buy recommendation with a slightly reduced price target of $0.31/sh (previously $0.33/sh) to reflect CTP's cash balance of $12.1m at the end of the June quarter. Download full report Previous CTP posts
Disclaimer: The author of this post, may or may not be a shareholder of any of the companies mentioned in this column. No company mentioned has sponsored or paid for this content. Comments on this forum should never be taken as investment advice. |
Thread Tools | |
Display Modes | |
|
|