CLZ 0.00% 0.1¢ classic minerals ltd

Ann: Cleansing Prospectus, page-7

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  1. 438 Posts.
    lightbulb Created with Sketch. 56
    Im not sure - just trying to read between the lines! Ive never seen a cleansing prospectus be issued by any companies I follow so I don't understand the purpose.

    With a bit more research and looking at what Chill posted above (thx mate) I'm guessing it's either:
    1) so the mob issued stock for FGP can sell or;
    2) they are issuing more shares to raise cash for operations and that person want to be able to dump em fast!

    I'm just guessing though... but it doesn't seem a great development.
 
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