Maybe they are hoping the fresh batch of ex-GML holders will buy the story and give them some money to keep them going for a few more months.
I have a suspicion that...
a) they are nowhere near producing any decent production numbers
b) they are sitting around a table wondering where they should dig next
c) the non-underwritten(?) SPP will not raise nearly as much money as they need to survive this year
d) the bell tolls for CTO...
Of course I likely don't know what I'm talking about as I held this terrible excuse for a company for way too long, and only sold out completely recently when it was obvious to me that this SPP was coming. CTO was an expensive lesson in ignoring the signs for me.
I look forward to the quarterly, in particular the 'cash at end of quarter' line item.
Best of luck to those still holding.
(Arhhh!, for the love of god (or your money) - DYOR!!!)
- Forums
- ASX - By Stock
- CTO
- Ann: Share Purchase Plan
Ann: Share Purchase Plan , page-12
-
- There are more pages in this discussion • 34 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add CTO (ASX) to my watchlist
(20min delay)
|
|||||
Last
0.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $12M |
Open | High | Low | Value | Volume |
0.4¢ | 0.4¢ | 0.4¢ | $24 | 6.088K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 11031 | 0.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.5¢ | 7000936 | 15 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 11031 | 0.004 |
28 | 18025269 | 0.003 |
11 | 17478693 | 0.002 |
10 | 15702988 | 0.001 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.005 | 7000936 | 15 |
0.006 | 5417960 | 8 |
0.007 | 2263000 | 4 |
0.008 | 6372992 | 7 |
0.009 | 2370800 | 4 |
Last trade - 11.06am 11/10/2024 (20 minute delay) ? |
Featured News
CTO (ASX) Chart |