CTO citigold corporation limited

Dishnak, I need to be educated. Who is waiting for a takeover,...

  1. 38 Posts.
    Dishnak, I need to be educated. Who is waiting for a takeover, and what might that get me for my 400K shares? Why would I want CTO to fold, and then buy back at a firesale, whatever that is.? I have heard that the Lynch family has all of their money invested in this company. And I have heard that they are running around the fools in the top 20 to buy up, as it goes on the market. I think that there are only a few fools that are doing this and they are low-bidding. What are loyal lot. They believe that they will get their money when the gold comes out of the ground. One in particular, imhp, which can be proven by diligent research, was responsible for the first collapse of the shares from the 53 cent spot. Because, imho, he was so greedy he bought with margin loans. When ANZ grabbed all those shares from him (alone).and dumped them on the market, and CTO reported this, but not his name, the shares dropped into the low 30 cent range. As GMT says, these are my ramblings, not what I have come to believe, through my contacts, or should I say, former contacts.
 
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(20min delay)
Last
0.3¢
Change
0.000(0.00%)
Mkt cap ! $9M
Open High Low Value Volume
0.4¢ 0.4¢ 0.3¢ $3.742K 1.230M

Buyers (Bids)

No. Vol. Price($)
24 17165748 0.3¢
 

Sellers (Offers)

Price($) Vol. No.
0.4¢ 1613468 7
View Market Depth
Last trade - 15.26pm 20/06/2025 (20 minute delay) ?
CTO (ASX) Chart
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