Find8, there is a lot more downside risk than just 10 cents. $3 you're kidding right? A $2,500,000,000 Market Cap? $2.5 billion M/C for a company that can't produce more that 5000 ounces a month! I want dreams like yours. It must be great sleeping.
You say "no debt" and I say look again. The new raising would not cover debt! Read before you invest on a punt.
27 cents NTA? Why because it says that on it's yearly report? If you want to invest on NTA, go invest in a REIT that would be the same share price but with "NTA" 5 times CTO. Do you really think if CTO went bust you would get a cent?
Now you're comparing Lihir buying a different company in the peak of the resource boom.
spp - when will i get my shares, page-22
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Last
0.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $13.5M | |||
| Open | High | Low | Value | Volume |
| 0.4¢ | 0.5¢ | 0.4¢ | $4.993K | 1.165M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 3403261 | 0.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.5¢ | 7556171 | 16 |
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| Last trade - 13.17pm 06/09/2024 (20 minute delay) ? |
| CTO (ASX) Chart |