CTO citigold corporation limited

commsec takes cto off margin list, page-7

  1. 8,520 Posts.
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    G'day Drummnutt.
    I would imagine that a call from the bank holding the margin loan would be the next thing to expect for anyone with a margin loan on CTO, otherwise they should sit tight.
    I do not have any experience with such loans but I think that that is how it works.
    The bank may deceide that they will not take on any new margin loans for CTO shares but keep going with any that already exist.
    The price of the shares in the future will determine if there is a need for holders of loans to top up their equity, I would think.
    Hope this helps.

    Kind regards

    Lockitt
 
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Last
0.3¢
Change
0.000(0.00%)
Mkt cap ! $9M
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26 17581526 0.3¢
 

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0.4¢ 2759580 5
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Last trade - 15.00pm 27/06/2025 (20 minute delay) ?
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