Companies shouldn't diversify for the sake of diversification. Shareholders can adjust the diversification they want at their share holdings level. I still think they would have been better of simply doing one thing correctly (mining gold from their existing mine) rather than diversifying. Especaily when the takeover is paid with undervalued shares (assuming management can actualy reach forcasts).
- Forums
- ASX - By Stock
- CTO
- if cto does have 10m oz. why do a takeover?
if cto does have 10m oz. why do a takeover?, page-3
-
- There are more pages in this discussion • 5 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add CTO (ASX) to my watchlist
|
|||||
Last
0.5¢ |
Change
0.001(11.1%) |
Mkt cap ! $15M |
Open | High | Low | Value | Volume |
0.5¢ | 0.5¢ | 0.5¢ | $20.50K | 4.553M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
17 | 13896816 | 0.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.5¢ | 8582633 | 8 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
16 | 13146816 | 0.004 |
14 | 9347354 | 0.003 |
7 | 6015025 | 0.002 |
8 | 10802988 | 0.001 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.005 | 8582633 | 8 |
0.006 | 2260000 | 4 |
0.007 | 1229758 | 3 |
0.008 | 3393671 | 5 |
0.009 | 1370800 | 3 |
Last trade - 15.22pm 26/07/2024 (20 minute delay) ? |
Featured News
CTO (ASX) Chart |