CTO 12.5% 0.5¢ citigold corporation limited

Ann: Share Purchase Plan , page-35

  1. 2,882 Posts.
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    an absolute dog of a share, I sold out after the last production down grade, these guys are bloody useless, I suggest anybody who is thinking of investing to look at CTO's long term (last 8 years at least) of failure to even come close to any forecast.

    2 capital raisings last year, now another - will not be the last for the year.

    The SPP price will likely have to be lowered to further dilute and sell short existing holders. Management are bloody useless, yet look at their salaries!

    Disc - NONE (A previous holder who has done his research!)

    A LT SELL
 
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