CLZ 0.00% 0.1¢ classic minerals ltd

Ann: Consolidation/Split - CLZ, page-28

  1. 3,111 Posts.
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    Daft Garf , looks like they might do a mob up of small holders, who were once just share holders , before the 150 /1 & 50/1 consolidation that acted together to reduce original shareholders holdings by a factor of 7500 or 750,000 per cent . My shareholding will go from a value of 43 cents to less than a cent. So the value of my shareholding has gone from $500 to less than a cent. Correct me if I am wrong , but doesn't that represents a 5,000,000 - five million per cent reduction in value. Given that I originally paid 0.8 cents for them.Well done CLZ.
 
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