"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
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Last
0.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $12M | |||
| Open | High | Low | Value | Volume |
| 0.4¢ | 0.4¢ | 0.4¢ | $4.433K | 1.108M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 20 | 11127183 | 0.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.5¢ | 13493272 | 22 |
View Market Depth
| Last trade - 16.10pm 13/11/2024 (20 minute delay) ? |
| CTO (ASX) Chart |