CTO citigold corporation limited

Ann: Quarterly Activities and Cashflow Report, page-6

  1. gmt
    8,257 Posts.
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    trtkjd1
    In my shock and horror of the announcement I overlooked the fact that they did raise another $300k on the 9th October via a sale of 15mill shares @2c to a SOPHISTICATED INVESTOR , however I suspect that would be as good as gone by now as well.
    In my view it should have been placed in a trading a halt months ago, not unlike CDU, until satisfactory financing was found or the company put into administration.


    DYOR My thoughts and ramblings only
 
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