CLZ 0.00% 0.1¢ classic minerals ltd

There are at least half a dozen on here that understand how this...

  1. 3,156 Posts.
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    There are at least half a dozen on here that understand how this is working, a perpetual process of below-market capital raising, to make people think they are getting a bargain. then some on here even make fun of people who bought at prices less than a cent. how were they supposed to know the Co was going to utilize this strategy. It was done until the share price was driven to the lowest price possible on the stock market, one-tenth of a cent. And because the company couldn't issue shares any lower on the stock market, apparently they have gone off to the wholesale market. If you are a sheep & get de-fleeced, surely you realize it. I wonder if they can go even lower on the wholesale market than .09c. There are way over 27 billion shares now, anyone got any ideas how many after this cap raising. Google Ponzi scheme . It's Classic!
 
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