CTO 12.5% 0.5¢ citigold corporation limited

we are on the right track:, page-19

  1. 30 Posts.
    fellow Shareholder

    What are your thought/recommendation/advise?

    Shold we sell down our holding with heavy losses or support the management with further capital raising.

    If many small shareholder like us started to sell our holding, I am not sure what will be cto share price in the near term.

    If the share is down further the company need to issue more share to raise capital. This becoming a downward spiral. all existing shareholder will be heavily diluted. The share price will go down further

    I was a shareholder of AXM and bought my 1st block of share @.23 and today AXM close @0.009

    Will CTO follow the same path like AXM? I hope not,,,, Time will tell
 
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