Fact: CTO is capitalised by the market at $81 million.
Fact: CTO's JORC gold, 10 million ounces, of which nearly all is "inferred" is valued by the market at about $8 an ounce. Why is the market valuing CTO's gold at just a token, paltry $8 an ounce when gold is over AUD$1400 an ounce?
Fact: A medium term investment in CTO has been a disaster, unlike a medium term investment in physical gold or a medium term investment in our XGD Gold Index of gold shares.
Here is a chart comparing CTO's performance on the ASX against the XGD Gold Index.
CTO versus the XGD Gold Index - click here
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 (20min delay)
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Last
0.5¢ |
Change
0.001(25.0%) |
Mkt cap ! $15M | |||
| Open | High | Low | Value | Volume |
| 0.4¢ | 0.5¢ | 0.4¢ | $8.275K | 2.046M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 3599672 | 0.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.5¢ | 10921795 | 11 |
View Market Depth
| Last trade - 16.10pm 23/07/2025 (20 minute delay) ? |
| CTO (ASX) Chart |