CLZ classic minerals ltd

Whilst all this was going on, the company sold around 50 billion...

  1. 3,996 Posts.
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    Whilst all this was going on, the company sold around 50 billion shares & did two massive consolidations & thereby expunged most of the shares. There are massive issues with the values of these convertible notes & their conversion rates, which is why you see ridiculous sky-high conversion to shares figures, I think the company is aware of these problems & tries to get holders to convert to shares. I believe this has all happened because the Stock market / C&SC has not been monitoring what CLZ has been doing with its issuing of it's share capital & capital management.
 
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