Spoke to management last week. They promised the royalty portion (about 35% of the cheque) in two weeks (about one week from now) and the remainder in another two weeks. The cash-flow issue doesn't look great, but the honesty is very nice to hear.
Hope the Chinese cash helps with short-term cash-flow issues (even if it hasn't helped share price).
quarterly cash flow update, page-6
Add CTO (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
0.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $12M | |||
| Open | High | Low | Value | Volume |
| 0.4¢ | 0.4¢ | 0.4¢ | $4.433K | 1.108M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 20 | 11127183 | 0.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.5¢ | 13493272 | 22 |
View Market Depth
| Last trade - 16.10pm 13/11/2024 (20 minute delay) ? |
| CTO (ASX) Chart |