CTO citigold corporation limited
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Take over share price

  1. Josh42
    1,518 Posts.
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    26/06/16
    07:43
    Post #: 18124810
    What would you think is a reasonable offer SP to successfully take over Citigold?
    I would value the company, with all its debt and shortcomings, at around 3c per share because the ''rule of thumb'' value based on $x price per oz of gold has to be heavily discounted by likely higher than claimed extraction costs because of the gold and depth of gold veins.
    The JORC is less than convincing as well.

    That's double current market cap. I doubt there will be counter bids.
    CTO Price at posting: 1.5¢ Sentiment: Sell Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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Last
0.3¢ 		Change
0.000(0.00%) 		Mkt cap ! $9M
Open High Low Value Volume
0.4¢ 0.4¢ 0.3¢ $3.742K 1.230M

Buyers (Bids)

No. Vol. Price($)
24 17165748 0.3¢
 

Sellers (Offers)

Price($) Vol. No.
0.4¢ 1613468 7
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Last trade - 15.26pm 20/06/2025 (20 minute delay) ?
CTO (ASX) Chart
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