The smell of a distribution? You must be joking...CTO can't even afford dunny paper let alone pay their superannuation and AGT royalty obligations on time.. For them to pay a franked dividend with a -ive bottom line & accumulated tax losses, what are they going to pay it with... the stuff they flushed down the tailings last month, or maybe another SPP...or maybe the gold bathroom fittings in the Dubai apartment. Ha, Let me get my $5k chq book out in the hope that I'll get some sort of a dividend back...Ooops, I've just realised I've used all my $5k chq's up. Gosh, that must be around 20 chqs over the course of a decade...What a sink hole they've dug... Speaking of sink hole, what's the water situation like down there... Perhaps they could pipe it to Cubby Station for a song or even better push it down into the Murray / Darling for another small ransom from us investors here down south. Water is gold is it not?
Crazy day, crazy thoughts, crazy people.
Katumbus The Hunchback. (Looks like I'll be waiting longer for this pig to huncha backa)
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