CZN 0.00% 0.5¢ corazon mining limited

Ann: Extension to Entitlement Offer close date, page-9

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 4,062 Posts.
    lightbulb Created with Sketch. 1485
    Yeh so someone bought 500 bucks worth of shares to pump up the price from 0.0325 to 0.033, yep all over it, if the company if wanted to make this look like a good deal they would need to throw out a very big juicy carrot by way of a fluffy announcement to the market to ensure the price either increases or stays within the range of 0.03 to 0.035 as mentioned to keep it attractive, if there's a really really good Fluffy Bsheet announcement coming before the closure date it could even get pumped upto 0.037/8, if no fluffy announcements are forthcoming at all why would one buy at 3cps when it will head well below the raise price soon after the raise is completed as is the norm for these stocks and could possibly trade between 0.024 and 0.03 imho.
 
watchlist Created with Sketch. Add CZN (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.