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you can blame clee capital as much as you like but ci1 chose...

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xtremelivin

1,829 Posts.

309

22/10/21

15:41

Post #: 57005040
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Originally posted by Oscar09: ↑

It was not a failed CR , it was aborted because CI1 would not give Clee a board seat.

I am guessing that same party will try to gain a big foothold via a CR.

That is the only reason that a big player holds this down, to get access to a big lick of stock at 1.4c

Then ride it up as it grows and push for a board position etc as a major holder.

This is my only way to understand this stock.
Some of these players, play the long game.

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you can blame clee capital as much as you like but ci1 chose them to do a capital raise so there is some responsibility on them. Failed aborted it’s all semantics the main point is ci1 didn’t raise money and had to raise finances to purchase acquisitions if this repeats again the market will punish them just like last time.

CI1 Price at posting: 1.6¢ Sentiment: Hold Disclosure: Held
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0 Great analysis

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