Markets are never right in the very short term. But you can easily see that the past 4 years of production shortfalls have led the CTO share price to where it is today.
Regarding the tech bubble, the market got it right eventually and sent those stocks exactly back where they belonged. Just like the market has gotten it right eventually with Citigold and pulling it back from 50c to 9c.
I'm not going to argue with you. I sold out at a loss in Jan 10 after I took a punt after the Sep 09 Quarterly. If you still believe the story then I hope it goes well for you.
Cheers
MD
Ann: Charters Towers Update , page-50
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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¢ | $2.811K | 702.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 18 | 13668904 | 0.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.5¢ | 1997361 | 7 |
View Market Depth
| Last trade - 10.02am 02/08/2024 (20 minute delay) ? |
| CTO (ASX) Chart |