gml still holding cto shares? On 1 Mar CTO announced they had acquired 17.7% of GML paid for in through the swap of 16.3m CTO shares on a 1 for 1 basis. Value at that time was quoted as $2.6m.
If GML still hold these CTO shares they are now worth $7m (at todays close of 43c for CTO).
However I can not see anything in GMLs latest qtrly ending 31 Mar 06 to indicate whether they still hold this sizable asset.
I bought CML today
Can someone more experienced in reading these statements help me here?
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