CTO citigold corporation limited
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Ann: Placement and Appendix 3B-CTO.AX, page-9

  1. SurfsUpDoods
    3,286 Posts.
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    04/05/16
    12:16
    Post #: 17673354

    Gmt, that is correct in the true sense of the term, however, what are CTOs assets and what are CTOs liquid assests. Do they still own the mill?

    They have no inventory, no receivables and no cash.

    $105K maybe enough to pay for the lights on in the office and the salary for Lynch & Co. For a few weeks.
    CTO Price at posting: 1.6¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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