I am afraid this does not apply to spec/small companies and in particular cto.
In small companies the shareholders are powerless. If there is no financial institution who owns 30% of the shares, there is no chance to do anything.
If shareholders of spec companies are smart enough to gather 51% of the votes, they would be smart enough not to invest in these companies in the first place!
Just to be fair: I consider myself an idiot as I invested in spec companies.
In the case of cto, the Lynch shareholder will vote against the Lynch director? That would be entertaining as the Kramer vs. Kramer movie.
answering questions related to cto., page-8
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Last
0.4¢ |
Change
-0.001(20.0%) |
Mkt cap ! $12M | |||
| Open | High | Low | Value | Volume |
| 0.4¢ | 0.4¢ | 0.4¢ | $2.303K | 575.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 2625249 | 0.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.5¢ | 9091300 | 23 |
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| Last trade - 10.02am 18/10/2024 (20 minute delay) ? |
| CTO (ASX) Chart |