Dazz. Settle down. The shares were issued as such..
.Issue of Shares and Options As announced on 19 May 2014, the Company will issue 65,000,000 fully paid ordinary shares as part of Citation’s long term incentive and retention program to key personnel related to the successful development of the Atzam and Tortugas oil projects in Guatemala. People, workers, head honchos, "loyalty" money. No conspiracies there.
And have you just seen what your "fantastically managed" company in Texas has just done and the timing of that with recent anns!!! Breathtaking!!! What's their I.C. now? Up a billion in 10 months.
Come on Dazz, do yourself a big favour, pop down to the library and borrow a book called "FLASH BOYS" by Micahel Lewis and see what the real world of high finance is all about. I reckon that even you will be shocked at what little guys like us have to compete with.
CTR Price at posting:
1.0¢ Sentiment: Hold Disclosure: Held
(20min delay)