CTO 12.5% 0.5¢ citigold corporation limited

in preopen for a long time, page-18

  1. 568 Posts.
    The bigger allotment of options is to be at 26c, the shares were placed at 20c, but there was also a significant share placement at 15c, although the obfuscators at Citigold call it small. They don't tell shareholders to whom this placement was made. Typical.

    From the 01/10/08 announcement headed:

    Initial Allotment to Dubai Group

    "The Company also accepted completion of a small private placement of 7,541,941 shares raising A$1,131,291"

    (this works out to 15c per share)
 
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