CTO citigold corporation limited
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Ann: Institutional Funds Invest in Citigold , page-6

  1. siameseparrot
    24,765 Posts.
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    16/09/10
    09:31
    Post #: 7204149
    No need to worry about that Butcherboy.

    We know the standard practise of paper issuers after they have flooded the market with scrip. Have a share consolidation.

    Problem is the consolidated shares often ends up being worth less money than the shares were before consolidation.

    A 1 for 10 CTO share consolitaion will only mean about 100 million shares on issue. A 1 for 5 CTO chare consolitaion will only mean about 200 million shares on issue.
    CTO Price at posting: 12.0¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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0.000(0.00%) 		Mkt cap ! $12M
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0.4¢ 2495080 2
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