The long term outlook for the company is still pretty good. The sort of people that would have large parcels in CLI are the sorts of people that would invest on the basis of fundamental analysis and have patience. I wouldn't be worried about those that hold large parcels.
I'd be worried about those that bought in order to make a quick buck. There appears to be a lot of panicking investors who are willing to sell out for a loss when waiting another 6 months would see them well an truly in the green.
CLI will have no problems securing an additional couple of million in loans. Even at current prices they have more than $10 million in produce they can borrow against as well as income of $15 million demonstrating an ability to eventually pay back any loans. Any lender would see the potential value in CLI if they are solvent, so they could arrange a conversion to payment in shares at the right share price.
I'm really not concerned at all.
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Last
3.7¢ |
Change
0.000(0.00%) |
Mkt cap ! $3.162M |
Open | High | Low | Value | Volume |
3.8¢ | 3.8¢ | 3.7¢ | $3.559K | 93.75K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 140276 | 3.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.4¢ | 135127 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 140276 | 0.037 |
1 | 51001 | 0.036 |
2 | 100183 | 0.030 |
1 | 22292 | 0.028 |
1 | 400000 | 0.026 |
Price($) | Vol. | No. |
---|---|---|
0.044 | 135127 | 1 |
0.045 | 73251 | 3 |
0.047 | 48695 | 1 |
0.054 | 40000 | 1 |
0.090 | 29362 | 1 |
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