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.
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Last
0.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $12M | |||
| Open | High | Low | Value | Volume |
| 0.4¢ | 0.4¢ | 0.4¢ | $8.624K | 2.156M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 21 | 23897419 | 0.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.4¢ | 2825460 | 5 |
View Market Depth
| Last trade - 14.38pm 01/08/2025 (20 minute delay) ? |
| CTO (ASX) Chart |