I have never looked into this stock, so I am just providing general information and not advice.
CTM recently announced a 3 for 5 renouneable rights issue at $0.005 with 1 free attaching option for every 2 shares that can be exercised at $0.01 up to 30/4/2018.
You need to decide whether you would like to buy more shares in the company. You also need to watch the price of the head stock. On todays prices you could buy shares in the rights offer for $0.005 where as the market price is $0.007.
If you do not wish to take up your rights offer then you can sell your CTMO on market.
If you wanted to take up your rights but didn't have any spare money you could look at selling some CTM on market, due to the current higher price as opposed to the $0.005 in the offer.
There is also a facility where you can look to apply for more shares than you were otherwise entitled to.
Expect to receive some correspondence in the mail from the company.
