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0.00% 1.2¢ clara resources australia ltd

Ann: Mining Contractor at Granville Appoints Liquidators, page-330

  1. blister
    15,032 Posts.
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    12/03/19
    10:42
    Post #: 37729967
    LIND have a bottom conversion price of 95% of 1.6c meaning the bottom for them would be pretty much 1.6c.

    As for converson of DGR shares, they generally just stock pile them to get their average down as they originally came in for 20% at 20c a share at IPO.

    So neither of these events do anything dramatic to the share price.
    ANW Price at posting: 1.4¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 4  Upvote
    lightbulb Created with Sketch.  Great analysis
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