CTO citigold corporation limited
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Boles, my understanding is suppliers are unsecured debtors so...

  1. gmt
    8,241 Posts.
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    10/03/15
    17:58
    Post #: 14890778
    Boles, my understanding is suppliers are unsecured debtors so they may not get their money until cto receive the second round of payment. I believe most of the management received their annual pay rise, the cfo was promoted to ceo and ceo became MD/Chairman from memory. I am not aware of how they pay their creditors but not unusual for companies to keep creditors on hold for 90 days.

    DYOR My thoughts and ramblings only
    CTO Price at posting: 1.5¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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