Night : It has nothing to do with odds & evens . Rather it is about a minimum of shares .
Usually what happens is the company , does a buy back with a specified broker , in order to save administration costs.
Occasionally this used to happen, but someone at CZL grossly exploited these tactics .
There must be a hell of a lot of people in this situation.
This has been mitigated by the fact that such a high percentage of people broke with Comsec &they have decided to waive brokerage,( if one asks them) with this dog of a company.
It is a sad situation , that the company through the use of the 150/1 & 50/1 consolidation caused the reduction of shareholding to zilch . That is the shareholders did nothing .
This is why many call them theives . And the company defender -Garfmate laughs it off as , just ' buying 4 years too early'
- Forums
- ASX - By Stock
- CLZ
- Ann: Results of Meeting
Ann: Results of Meeting, page-9
-
-
- There are more pages in this discussion • 15 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add CLZ (ASX) to my watchlist
(20min delay)
|
|||||
Last
0.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $1.439M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Featured News
CLZ (ASX) Chart |
Day chart unavailable