Amer,
My view is they would do it the same as they did with CGT Castlemaine Goldfields, view here
http://www.delisted.com.au/company/castlemaine-goldfields-limited
They know the company is not flush with funds and progress/ gold production is limited so I would expect they will make an all share takeover offer with their own shares listed on the SGX and provide a facility for CTO share holders to sell their shares in Lion Gold.It would seem Lion gold have access to funds and would probably decide better to use those funds themselves to ramp up the mining and the implied gold production. I feel the next 6 months would be the period in which this could happen. IMHO
Not investment advice and all my own opinions
DYOR My thoughts and ramblings only
- Forums
- ASX - By Stock
- CTO
- options
options, page-7
-
- There are more pages in this discussion • 3 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
0.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $12M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 2791282 | 0.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.5¢ | 9056171 | 16 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 2791282 | 0.004 |
18 | 14737354 | 0.003 |
8 | 10395025 | 0.002 |
10 | 14202988 | 0.001 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.005 | 9056171 | 16 |
0.006 | 20246758 | 7 |
0.007 | 2263000 | 4 |
0.008 | 4843671 | 8 |
0.009 | 2846323 | 5 |
Last trade - 16.12pm 30/08/2024 (20 minute delay) ? |
Featured News
CTO (ASX) Chart |
Day chart unavailable
The Watchlist
CCO
THE CALMER CO INTERNATIONAL LIMITED
Anthony Noble, MD & CEO
Anthony Noble
MD & CEO
Previous Video
Next Video
SPONSORED BY The Market Online