CTO 11.1% 0.4¢ citigold corporation limited

placement nc, page-20

  1. 2,739 Posts.
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    the extra shares and options only really become extra share and options if they get exercised and once CTO trades above 23 cents and 27 cents.

    If we think CTO is destined to trade at below 23 cents - they shouldn't be included in the calculation.

    Also some money will be raised with the option exercise.

 
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