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Central Petroleum Share Rights Lapse After Conditions Not Met

Story Highlights
  • Central Petroleum is an ASX-listed oil and gas producer focused on central Australian hydrocarbon assets.
  • The company reported the lapse of 44,454 conditional share rights, slightly reducing potential future equity dilution.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Central Petroleum Share Rights Lapse After Conditions Not Met

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The latest update is out from Central Petroleum Limited ( (AU:CTP) ).

Central Petroleum Limited has announced the lapse of 44,454 share rights (CTPAA) after the conditions attached to these conditional rights were not met or became incapable of being satisfied, resulting in their cessation as of 18 December 2025. The change modestly reduces the company’s pool of potential equity-based securities, which may slightly affect future dilution dynamics for existing shareholders but does not alter the current issued share capital or indicate any change in operational strategy.

The most recent analyst rating on (AU:CTP) stock is a Hold with a A$0.06 price target. To see the full list of analyst forecasts on Central Petroleum Limited stock, see the AU:CTP Stock Forecast page.

More about Central Petroleum Limited

Central Petroleum Limited is an Australian oil and gas exploration and production company listed on the ASX under the code CTP, focused on hydrocarbon assets in central Australia.

Average Trading Volume: 421,545

Technical Sentiment Signal: Sell

Current Market Cap: A$47.42M

Learn more about CTP stock on TipRanks’ Stock Analysis page.

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