CLZ 0.00% 0.1¢ classic minerals ltd

Ann: Consolidation/Split - CLZ, page-18

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  1. 3,296 Posts.
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    So
    to my way of thinking, the only people that are going to invest here , by putting out $25, are those that have had it explained to them , that they will benefit from a 50 per cent reduction in the value of existing holders.
    So It is likely they will be highly likely to try to exit on open.
    Problem is who is going to want to be a buyer? There has been no buyers on screen for over 6 months. Also it is one very depressed market , particularly at the spec end. My prediction is a panic on open to get a sale.
 
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