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| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Cantono | CTNO | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| 0.00 | 0.00% | 0.50 | 01:00:00 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 0.50 | 0.50 |
| Top Posts |
|---|
Posted at 10/5/2009 13:06 by timely3 What has this drivel got to do with CTNO? |
Posted at 17/3/2009 11:45 by jonathan_papworth You guys who read a company by the share price are in a diffent league to me. I read a company by it's business performance. CTNO has no Data Centre, it has a lease on a Data Centre - so committed outgoings. It sold the primary trading part of the business, and is spending money at twice the rate of its income. The shareholders need a change of management - to one that can turn the loss into at least breakeven - then the company has a future. With continuing losses there is no long term value as far as I can see, and consequently the mkt cap is already too high. Delisting was probably just a ploy to hide from the truth - the truth is the business needs to stop burning cash. I wish all shareholders the best, but I believe a better share price will only be achieved with action from you to make the business change, and that change will mean a change at the top. |
Posted at 15/3/2009 15:54 by safman i don't hold CTNO..but fully support IC article on page 24, wro AIM rule 41 and delisting of shares from the exchange. The current requirement of 75% of the votes required to delist should be upped to 90%. It is not only the problematic comapanies delisting but the better ones as well. Delsiting requires some funds to sell, as a requirement for not holding private comapanies, hence forth, a complete destruction of SP, and if a matched bargain facility is in place, after delisting, it tends to be "fractions of fractions" in terms of share price .. saffy.. |
Posted at 12/3/2009 08:30 by andrbea thought I'd share this posta poster yesterday on iii (ctno) Obviously I can't give you advice to buy, you have to come to your own opinion. Looking at the facts (do your own research) the company does have a valuable asset, its data centre, which does have value much higher than the terms of the loan notes. The rally over the last few days is partly down to this and a positive reaction to the news it wasn't going to delist. As I have said in a previous post Xpliote is due to day them the second instalement on the sale of the managed services business, which will bring in £1m - hopefully this will help sentiment again. Downside is the board directors, one in particular. |
Posted at 10/3/2009 13:04 by andrbea On the subject of ctno's main assset (the Fareham Call Center)On 26 Feb a poster (on iii site: ctno thread) commented on the value per sq. ft "DYOR via the Cantono's website and recently sold data centres re how much it's market value really is. Even at £100 per sq foot (typical data centres are going at £300 per sq ft) it's worth £8,000,000!!!!." |
Posted at 10/3/2009 10:32 by andrbea shammytotally off-topic another company (rgi) has 2 things in common with ctno low share price just now and the same rule would apply (75% vote needed for a delisting, to take it private) ticker: rgi encouragingly, they don't have any plans, themselves, to delist (see a reply I got from a director dd March 4 2009) The board of directors of RGI share your concern at the decline in RGI's share price. /... In response to your query relating to delisting, absent particular circumstances, cancellation of RGI's admission to trading on AIM requires the consent of at least 75% of its shareholders. RGI is an independent company and therefore cannot comment on the intentions of its shareholders. Kind regards Emanuel Kuzinetz |
Posted at 10/3/2009 09:16 by shammytime In my opinion, a very large number of AIM stocks have been battered without good cause. A move like this will only help companies like CTNO. Directors know they can't delist, therefore will have to increase shareholder value.Just noticed a buy at 1.49. Couple more of them and the bid should hit 1p |
Posted at 11/7/2007 12:33 by ljsquash My first impression was a good one - need to consider the 5p as current price hence recent drop.Currently CTNO is one of my worst two shares so no point selling will wait and see. Shares need more sells and buys to work, this has just been stagnating. |
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