CLZ 0.00% 0.1¢ classic minerals ltd

Ann: Proposed issue of securities - CLZ, page-124

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  1. 3,297 Posts.
    lightbulb Created with Sketch. 666
    Bythelight , no I'm not sadde. ned by those who buy the stock as that's their decision. I sad I was saddened to be trapped in a stock I can't sell. how can I move on when I can't sell the stock . As I 've attempted to explain to you , I can't sell due to the companies reverse Ponzi scheme tactic of issuing stock at ever lower prices, and the lowest possible price on the stock market , IE , one tenth of a cent, and most recently even 15 per cent lower than that .085 of a cent, with a raising off market undermine current holders. Good for the company but bad for shareholder as it adversely effects liquidity and undermines the shareprice. This is the reason there are no bids onscreen and a billion shares are cued up to sell, with no bids onscreen.
 
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