CLZ 0.00% 0.1¢ classic minerals ltd

ALL TIME HIGHS GOLD, page-56

  1. 3,041 Posts.
    lightbulb Created with Sketch. 575
    There has only been 2 , but huge ones , 150/1 & 50/1. Has mean , a 7500 times reduction in the number of shares. But the real problem was they drove the shares fro 8/10 ths of a cent to 1/10 th of a cent .
    But billions of shares were issued off-market , at half the 1/10 of a cent , because they had to garantee them a profit when they sold them on market for 1/10.
    Everybody made money eecept the bunny shareholders , who bought their shares on market
 
watchlist Created with Sketch. Add CLZ (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.