CTO citigold corporation limited
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Hi all,I don't think anyone should be that phased if they miss...

  1. bbeenn
    100 Posts.
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    18/01/10
    15:09
    Post #: 6215524
    Hi all,

    I don't think anyone should be that phased if they miss or beat the revised target. The target itself is the problem! The real question will be how much $$$ do they have left in the kitty..

    They were planning on being cash flow positive by end of 09, and that sure won't have happened.

    SPP coming up is my guess. How many more people are out there willing to throw some more money into the blackhole? A quarterly showing very low cash in the bank may well smash the share price. Then what will they do?

    I finally decided to get out completely and I've been sleeping better ever since! I still watch and wait to see if they can turn it around.

    Cheers
    CTO Price at posting: 13.5¢ Sentiment: ST Sell Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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