"I think in the past the company has been critised by retail holders for offering large parcels to "sophisticated investors" and then only making up to $5k available to retail holders. This time around retail holders are getting a very good offer ( number of shares)"
Comments:
1. The reasons retail shareholders are getting a "very good offer (number of shares)" are:
a.) In the past a SPP was only permitted for $5,000 NOT $15,000. But CTO is now able to make a $15,000 SPP instead of just $5,000.
b.) Despite a gold bull market the CTO share price is at multi year lows.
10c, page-23
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add CTO (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
0.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $13.5M | |||
| Open | High | Low | Value | Volume |
| 0.4¢ | 0.5¢ | 0.4¢ | $4.993K | 1.165M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 3403261 | 0.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.5¢ | 7556171 | 16 |
View Market Depth
| Last trade - 13.17pm 06/09/2024 (20 minute delay) ? |
| CTO (ASX) Chart |