CTP will likelty trade around 5 cps during short to medium term Coronavirus insanity.
With around 770, 000, 000 million shares on issue that puts market value of around AU $ 38, 500, 000 on CTP.
Shareholder syndicate could bid 5 cps and take company private.
As private company shareholders could then access all previous Board papers and evaluate staff behaviuor and decision making.
Action to persue previous dubious executive / Board behaviour could then be intiated with view to recovering some wealth.
Shareholder syndicate ownership would bring an end to continuing rediculous CTP mess.
I invite shareholders to persue the idea.
SHAREHOLDER SYNDICATE BID TO PRIVATISE CTP
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Last
5.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $38.48M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 292051 | 4.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.1¢ | 500000 | 1 |
View Market Depth
| Last trade - 11.37am 11/07/2024 (20 minute delay) ? |
| CTP (ASX) Chart |
Day chart unavailable