CCO 12.5% 0.9¢ the calmer co international limited

Ann: Cleansing Notice, page-8

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  1. 1,376 Posts.
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    2 years ago the company had about 170,000,000 shares on issue.

    today circa 860,000,000.

    this excludes the 25,000,000 just issued, and the $700,000 convertible note on exercise.

    The float is realistically sitting at over 1 billion shares.

    plus more to come in the talked about upcoming cap raise early next year. And the figure of $2mill being discussed.

    80% - 95% dilution (depending on your perspective of circumstances) and 99% decline in share price.

    This is not a short term -50%

    I ask again - is the company acting in line with the best interests of shareholders?
    Last edited by Stockholm: 22/12/23
 
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