I'm sure they will get trading again but that won't mean much long term. Classic have 2.5 billion shares on issue so when they inevitably need more money in 2019 what will they do another capital raising?
Finding something in the ground is one thing. Being around long enough to get it out of the ground is another.
They will need to consolidate in 2019 to be taken seriously/survive.
see you all at the SH meeting
I'm sure they will get trading again but that won't mean much...
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Mkt cap ! $1.634M | |||
| Open | High | Low | Value | Volume |
| 0.4¢ | 0.5¢ | 0.4¢ | $93.82K | 23.25M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 45 | 21908244 | 0.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
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| 0.5¢ | 6202965 | 7 |
View Market Depth
| Last trade - 16.10pm 31/05/2024 (20 minute delay) ? |
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| Open | High | Low | Volume | ||
| 0.4¢ | 0.5¢ | 0.4¢ | 21837366 | ||
| Last updated 16.00pm 31/05/2024 ? | |||||
| CLZ (ASX) Chart |