As predicted, the GML rejection recommendation further undermines the credibility & capacity of CTO management.
"More significantly, while the position may now have improved following a subsequent capital raising, Citigold disclosed in its Quarterly Report to the ASX for the 3 months ended 31 March 2009 that its “cash on hand and at bank” had dropped to an alarmingly low level of just $74,000."
"...the 12 month daily closing prices and 20 trading day moving averages of the closing prices for Gateway Mining and Citigold. This clearly shows a general downward trend of Citigold’s share price since reaching its peak of $0.33 on January 5, 2009. This downtrend appears to be still continuing."
Ann: GML: Target's Statement , page-4
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Last
0.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $15M | |||
| Open | High | Low | Value | Volume |
| 0.4¢ | 0.5¢ | 0.4¢ | $2.403K | 600.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 17 | 12795566 | 0.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.5¢ | 1997361 | 7 |
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| Last trade - 16.10pm 31/07/2024 (20 minute delay) ? |
| CTO (ASX) Chart |