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0.00% 1.3¢ clara resources australia ltd

Ann: General Meeting for Share Consolidation, page-86

  1. blister
    15,014 Posts.
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    13/12/19
    13:01
    Post #: 41954173
    theyve just insulated granville from the liquidators. the divisional value wont be straight forward, but assume the best outcome is assume that granville represents 50% of the co perceived value... consolidate to 2c then minus 40% of half the overall value = -.004c ... so best case is 1.6c.

    they've gutted their upside.

    i look at the dgr>dhr>lko debacle and can already see the future.

    i think its time to call it... the dgr model doesnt work.
    ANW Price at posting: 0.2¢ Sentiment: Sell Disclosure: Not Held
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    lightbulb Created with Sketch. 1  Great analysis
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