Can we say CTM is the greatest let down in ASX this year , looks like they will maintain the record right till Dec 2017 , lol. Sorry to have got into this one, but will not give the satisfaction to the market makers by exiting with a 40 percent loss. The mgmt has gifted the shares to insiders at 0.004 and maintained a negative news flow to make sure retail does not take up its share of the CR . Also admin & corporate costs at AUD one million per year means they are taking good care of themselves, nice to know that lol.
Obvious that in the next two years, during the base metals bull cycle the pump & dump operation will take this up 2X or 3X , will wait for that to happen. Not worth exiting at 4.50 Mil MC in any case.
CTM Price at posting:
0.4¢ Sentiment: Hold Disclosure: Held
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