C7A 9.09% 1.2¢ clara resources australia ltd

Ann: Investor Presentation, page-24

  1. 5,455 Posts.
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    Just proves that i don't know anything.
    In the above post i said "no room for capital raising, no room for anything".

    Now they, legends in their own minds, are flogging off over three billion extra shares.
    In one swoop, three billion shares to be added to the already over diluted share registry.
    OMG (oh my God), that will be more than six billion shares outstanding.

    They should have said "can't buy any cheaper" almost guaranteed.

    Now share holder's will need to sit and wait.
    The question now is... who will participate in this capital raising ?

    if you didn't know any better, the "presentation" is a nice read.
    It is just slide four that tells the facts.
    Last edited by bruham: 17/08/20
 
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