Makes my blood boil to see CTN heading downward. We were moving forward at a nice pace without doing anything silly and then management hit us with a poorly thought out SPP and then a silly 2 cent divi after having a great 6 months.
I doubt the share price will get to the SPP price, but why would I pour my money in at 87c with the thousands of no body shareholders hiding through nominee companies, shareholders that hold tiny amounts will be allowed to buy the same amount as my large holding.
Better opportunities that are paying meaningful dividends lay elsewhere. Maybe management should have thought more carefully.
I'll be kicking my entire holding if and when it gets back to $1.05.
P
Ann: Share Purchase Plan , page-16
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Last
47.0¢ |
Change
-0.005(1.05%) |
Mkt cap ! $63.38M | |||
| Open | High | Low | Value | Volume |
| 47.5¢ | 48.0¢ | 46.5¢ | $53.96K | 114.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2444 | 47.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 48.0¢ | 44210 | 1 |
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