CTO 0.00% 0.4¢ citigold corporation limited

Well that's a cheap board seat for Zhaojin Mining only cost them...

  1. gmt
    7,978 Posts.
    lightbulb Created with Sketch. 133
    Well that's a cheap board seat for Zhaojin Mining only cost them $2mill in July. Looks like there was no other alternative to investment than from the Chinese, would have been an interesting negotiation so perhaps now if the new board members can actually see some value we may see some cash flow in or alternatively a takeover at bargain basement prices and we shareholders hung out to dry. Another Oxiana / OZL situation but on a smaller scale, a cash strapped distressed sale perhaps.

    DYOR, my opinion and ramblings only.
 
watchlist Created with Sketch. Add CTO (ASX) to my watchlist
(20min delay)
Last
0.4¢
Change
0.000(0.00%)
Mkt cap ! $12M
Open High Low Value Volume
0.4¢ 0.4¢ 0.4¢ $1.227K 306.6K

Buyers (Bids)

No. Vol. Price($)
21 15281117 0.4¢
 

Sellers (Offers)

Price($) Vol. No.
0.5¢ 10679601 9
View Market Depth
Last trade - 15.09pm 23/07/2024 (20 minute delay) ?
CTO (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.