austted, appreciate your thoughts but I am assuming that we all are on same page eg. of course no one would sell in a fire sale ... so imo answer to you Q's:
"Zman's idea of going for the board rather than windup might have merit." .... GJ: Of couse; good idea should be considered further
"Afer all do we know the details of the management contract and the cost to CTN if it were torn up?" GJ: Not yet, but if there is support this can be explored further & OUR company management will have to supply these details.
"A managed liquidation of assets combined with periodic capital repayments might make sense." GJ: Of couse; good idea should be considered further
"Also what are the tax implications and the way to optimise them?" GJ: Of couse; good idea should be considered further
IMO we do not have to dot every i & cross every t at this stage .... show us some support with number of shares & I will give a commitment to dveloping these positions, proposing poositions to fellow s/holders & answering questions as they arise ...
... but we need to see some support here 823,000 is a start ... get us to a couple of million & its time for a get toghether, a serious chat and a presentation to management IMO. (PS if we get there u can be assured that I will be adding substantially to my holding!!!)
So show us some support and the no. of shares u can bring to table (of course there is no commitmnet required at this stage ... it is merely a "pledge for change)
GJ
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Last
42.5¢ |
Change
0.005(1.19%) |
Mkt cap ! $62.71M |
Open | High | Low | Value | Volume |
42.0¢ | 43.0¢ | 42.0¢ | $50.71K | 119.2K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 1199 | 42.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
43.0¢ | 4725 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 11671 | 0.490 |
2 | 23091 | 0.485 |
1 | 9000 | 0.480 |
3 | 12614 | 0.475 |
3 | 93130 | 0.470 |
Price($) | Vol. | No. |
---|---|---|
0.495 | 8650 | 1 |
0.500 | 50101 | 2 |
0.515 | 12118 | 1 |
0.535 | 27954 | 2 |
0.545 | 23700 | 1 |
Last trade - 15.51pm 29/11/2024 (20 minute delay) ? |
NSC (ASX) Chart |