CTO 0.00% 0.4¢ citigold corporation limited

excellent road show presentation, page-10

  1. 614 Posts.
    I reckon running a 100+ staff might be a bit of a cash drain (let alone other operating costs). Anyway, the point is that if you publish targets then you should meet them. The market does NOT react favourably if you don't. I don't care what sort of company it is ... public companies need to meet their projections, full stop. If they don't, the share price will suffer (and, hence, our equity). The collapse of VRE yesterday also makes this market segment even more delicate at the moment. PS, myself and family/friends are very long term substantial holders and we DO NOT have a vested interest in CTO bashing ... clearly we want them to succeed.
 
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