"I agree with this statement, dilution is not a good thing however that is why I followed up with 'we will be better off in the long term'.
I would quite happily suck up a dilution now with the promise of bigger and better things to come in a couple of years. CTP has always been a sit and wait stock not a day traders stock."
Longer term will be farther and farther away when we have over one billion FPOs while the stock moves in .1c price steps... it's the makings of a day trader stock, just look at ADY, EGO, EXM.
The only thing I can think of that would warrant this kind of dilution right in the midst of getting moving is acquisitions. And if JH has been swept up in the hype of AOE buyout and is looking to acquire more subsidiaries, then I would hope he steps down.
CTP has -more than enough- on its plate already, we don't need anything else but to deal with what we have now.
I am 100% against a CR at this point in time. It's just another excuse for management to delay any actual action.
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Last
5.0¢ |
Change
0.001(2.04%) |
Mkt cap ! $37.00M |
Open | High | Low | Value | Volume |
5.0¢ | 5.0¢ | 5.0¢ | $14.33K | 286.6K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 333765 | 4.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
5.0¢ | 120916 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 333765 | 0.049 |
3 | 50520 | 0.048 |
1 | 212787 | 0.047 |
1 | 232581 | 0.043 |
1 | 175000 | 0.042 |
Price($) | Vol. | No. |
---|---|---|
0.050 | 120916 | 1 |
0.054 | 96556 | 1 |
0.056 | 19995 | 1 |
0.058 | 172431 | 1 |
0.060 | 112209 | 2 |
Last trade - 16.10pm 05/09/2024 (20 minute delay) ? |
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