CTO citigold corporation limited
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spp raises 1 million, page-2

  1. Rexcel
    87 Posts.
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    31/03/10
    10:20
    Post #: 6518568
    Interesting to note that 11% of the shares applied for in this spp were either directly or indirectly related to the directors.

    Lynch 83,334 (direct)
    Lynch 652,002 (indirect)
    Foley 83,334 (direct)
    Willsteed 83,334 (direct)

    Irrespective of the aforementioned, I am still surprised that they raised as much as they did.

    I have been a holder for 7 years and this is the 1st spp that I have not taken up.
    CTO Price at posting: 10.5¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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