The CTO SPP result last year was announced 2 weeks after the closing date. So hold your horses we're not at that stage yet.
The company has to go through a number of checks on each application to make sure that they satisfy all the conditions (residency, < than $15,000 in a year etc etc) before they can allot the shares.
They are not entirely comparable but last year WBC closed it's SPP on Friday 30/1/09. The SPP results announcement was made on Tuesday 3/2/09, just over 1 business day later.
Since CTO is raising considerably less than $442mill from considerably less shareholders, 2 weeks seems like an eternity.
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Last
0.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $12M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 23 | 24047419 | 0.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.4¢ | 1749999 | 2 |
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| Last trade - 16.21pm 25/07/2025 (20 minute delay) ? |
| CTO (ASX) Chart |
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