CTO 0.00% 0.4¢ citigold corporation limited

Ann: Citigold enters $72 million Agreement, page-48

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  1. 3,273 Posts.
    lightbulb Created with Sketch. 86

    "based on this they have valued the company as a whole at $48mill approx. "

    For a 60% stake in the company i think they value the company as $120M, leaving $48M (40%) to CTO and its shareholders.

    1.3B shares on offer (not sure of the exact figure) so 3.7c/share

    if the $72M is received!
 
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