Australia's largest stock trading and investment forum Australia's #1 stock forum

CLA

Click for more information

0.00%

1.0¢ celsius resources limited.

if selling 20m shares ( chicken feed ) about half a million can...

First 248 Last

Share
Profile

Follow
GIGAChad

4,956 Posts.

867

15/05/24

18:41

Post #: 73842782
Share

Originally posted by bratty: ↑

It was good for cla that they raised $5m from svm.
Trusting them to hold was clearly short sighted, and they should have been in escrow so the shares couldn't be weaponised against the company imo.
Live and learn.

The substantial holder notice clearly shows svm sold over 20m shares after their previous dump earlier, just under the reportable limit. My guess is, it happened when the ML dropped. They got most back in the recent CR, so if they wanted out, why buy more at a higher price than now?
I don't see anyone else with the motive and fire power to pull this down from 2c after the ML announcement sorry. Other funding will make svm a blip on the screen, and take them out in a heartbeat. Could well be another svm deal failure imo. I would be happy with that, as they don't strike me as good bed fellows.

If Cu and Au keep tracking up like they have, US$5.05 and US$2,361 respectively as I type this, we are going to get the funding required sooner or later imo.

Expand

if selling 20m shares ( chicken feed ) about half a million can destroy your share price than there is much much bigger issues.

that means there is no buyers of the stock. Whose fault is that?

CLA Price at posting: 1.0¢ Sentiment: Hold Disclosure: Not Held
Upvote

0 Great analysis

Reply

There are more pages in this discussion • 195 more messages in this thread...

First 248 Last

Add CLA (ASX) to my watchlist

(20min delay)
Last 1.0¢		Change 0.000(0.00%)		Mkt cap ! $24.27M

Open	High	Low	Value	Volume
1.0¢	1.0¢	1.0¢	$26.17K	2.617M

Buyers (Bids)

No.	Vol.	Price($)
2	1564323	1.0¢

Sellers (Offers)

Price($)	Vol.	No.
1.1¢	6672788	15

View Market Depth

No.	Vol.	Price($)
2	1564323	0.010
15	4859373	0.009
11	2520574	0.008
10	4127131	0.007
3	573333	0.006

Price($)	Vol.	No.
0.011	6672788	15
0.012	11023944	11
0.013	2448990	6
0.014	1849445	4
0.015	1650000	4

Last trade - 10.02am 04/06/2024 (20 minute delay)


Last 1.0¢			Change 0.000 ( 0.00 %)
Open	High		Low	Volume
1.0¢	1.0¢		1.0¢	126781
Last updated 10.22am 04/06/2024 ?

CLA (ASX) Chart