CLZ classic minerals ltd

Ann: Extension of Security Purchase Plan, page-181

  1. 883 Posts.
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    On behalf of those of us, who dont have access to mid point trades (.0015) 100k, and .0015 is a return of instantly 50% so your positive turns into a negative, when you realise, that those shares are potentially people who can capitalise on this midpoint trading, and have likely been doing it the whole time.

    they cannot lose in this equation. They get either a 50% return, or a 100% return, and are able to jump off which stifles upwards momentum, and becomes a significant negative.

    Sure, its not going to go bust, but it means the share price isnt going anywhere.
 
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