Even if they miss production forecasts by their usual 50% or so, that's still a lot of gold. Arriving at the "break even" stage, and the end of dilution that that implies, will be the turn-around point for this company.
I'm with Woteva - people are getting distracted by understandable emotion regarding the delays, and need to see that, at the current share price, and being this close to the long-delayed ramp-up, CTO is less risky now that at any time in its existence
"Buy when there is blood in the streets..."
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Last
0.4¢ |
Change
-0.001(20.0%) |
Mkt cap ! $12M |
Open | High | Low | Value | Volume |
0.4¢ | 0.4¢ | 0.4¢ | $20K | 5M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
11 | 10248750 | 0.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.5¢ | 4174709 | 8 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
11 | 10248750 | 0.004 |
14 | 10204022 | 0.003 |
5 | 4895025 | 0.002 |
9 | 12802988 | 0.001 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.005 | 4111896 | 7 |
0.006 | 2260000 | 4 |
0.007 | 1229758 | 3 |
0.008 | 3393671 | 5 |
0.009 | 1370800 | 3 |
Last trade - 14.23pm 09/08/2024 (20 minute delay) ? |
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CTO (ASX) Chart |