CLZ 0.00% 0.1¢ classic minerals ltd

Ann: Proposed issue of Securities - CLZ, page-107

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  1. 29 Posts.
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    All very true but the majority of holders in clz would not be able to bid at 0.00015 as most platforms only alow increments in one thenth of a cent so I feel given the lack of sophs that would have bought into this stock without a cap raise it is unlikely that the majority of people can sell or bid at 0.0015 without geting lucky at an open or close. It does have good suport at the 0.0001 buys but again that is either a %50 haircut from the mum and dad investor price of 0.0002 or even %33 from the actual 0.00015. Given how easy it is to move at the 0.00015-2 level it's screaming buy at 0.0001. If more investors could bid with a smoother range I fear this stock would slowly sink untill some good news. IMO.
 
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