Australia's largest stock trading and investment forum Australia's #1 stock forum

CTL

Click for more information

0.00%

0.9¢ cleantech lithium plc

Ann: LR7.1A Additional Information, page-12

First 12 Last

Share
Profile

Follow
golddigit

786 Posts.

6

15/12/17

10:04

Post #: 29650664
Share

Originally posted by D1326 ↑

The share price when the capital raising was announced was around 1.9 cents.The trading halt was announced on the 16th October and the share price opened that day at 1.9 cents and had reached 2 cents a few days prior. The capital raising share price should have been calculated around this price and DISCLOSED which would have been much more honest and fair to existing shareholders. I cannot understand an existing shareholder thinking this CR is fair and honest!

I have never seen a fair CR yet. As far as honest, they have not done anything that was not laid out in the spp documents. Vote no when they have the shareholder vote for the extra shares they want to sell which are outside the terms of the spp.
The other side of this is CTL now has the injection of capital that was needed and we can all look forward to improved times ahead.
If you really feel they have done something illegal them make an official complaint.

Expand

Last edited by golddigit: 15/12/17

CTL Price at posting: 1.2¢ Sentiment: Buy Disclosure: Held
Upvote

0 Great analysis

Reply

Top Stories

PTR

Petratherm adds $1.6 to the piggybank ahead of SA titanium drilling program

WR1

Winsome scoping study proposes low-cost operation for Adina lithium project

SNG

Siren Gold boosts antimony resource by 66% to 14.5Kt at Auld Creek, NZ

WMG

Western Mines identifies 2 high-grade zones at Mulga Tank in WA

ALR

Altair Minerals hits high-grade copper and gold at Wee MacGregor, QLD

There are more pages in this discussion • 8 more messages in this thread...

First 12 Last

Add CTL (ASX) to my watchlist