IMO
Today was one for the manipulators, probably some acquaintances of the ex-stockbroker. If you know about the background of CLZ management you will know who.
Now consider this: given that there are close to .9 BILLION SOI it will become even more difficult to justify a Market Capitalisation over $7M without good justification.
SP: 2c = $18M, 4c = $36M (Market Capitalisation)
As you can see you need 100% belief of all Porky's Pies to justify a higher Market Capitalisation.
Ann: Kat Gap Drilling results and Goldvalley extension, page-55
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Mkt cap ! $1.253M | |||
| Open | High | Low | Value | Volume |
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| CLZ (ASX) Chart |