CTV 0.00% 0.8¢ colortv limited

Capital Raising

  1. 520 Posts.
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    These CR are normally not done lower than 15-20% below last price or 10-15 day vwap, therefore raise price should not be much below 0.7 cents.

    BUT it really does not matter if raise is at a lower price as long as PART of the funds raised go to extinguish the RIDICULOUS ALTO convertible notes. The continuous monthly issue of shares to ALTO & the subsequent sale of shares by ALTO have had a much more depressing affect on the share price than Covid-19.

    IF funds are used to extinguish the ALTO notes this stock should have a major re-rating.





 
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Currently unlisted public company.

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