CLZ classic minerals ltd

Ann: Becoming a substantial holder, page-7

  1. 4,002 Posts.
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    When they came on after the consolidation it first traded 15 cents, so they are less than one-ninth if that now.It represents about 4.6 million in the old pre-consolidation - pre-convertable note shares . Redundant now, but interesting to see how shareholder value can change with just with a few mathematical tricks with the share capital. The question is, is it a better buy now than it was pre-consolidation ? This stock is dependent on reeling in the newbie traders & chartists, with announcements that the company MIGHT actually do something. Just my opinion : DYOR
 
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