CTO citigold corporation limited

It looks better saying they sold 56million at 3c and 1 :1 free,...

  1. gmt
    8,257 Posts.
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    It looks better saying they sold 56million at 3c and 1 :1 free, saying it as 112mill @ 1.5c / share does not look so flash IMHO. All about perception, what people see is the 56million shares @3c.
    In any event the professional investors must be optimistic about the deal going through in 7 days. I also note there are 20million options with a strike price of 3c on the books, I wonder when the holder will decide to exercise them given they are now well into the money.

    DYOR My thoughts and ramblings only
    Last edited by gmt: 19/08/15
 
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23 24047419 0.3¢
 

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Price($) Vol. No.
0.4¢ 1749999 2
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