C7A 0.00% 1.0¢ clara resources australia ltd

If LIND start selling shares at 0.6c they are making zero profit...

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  1. 3,274 Posts.
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    If LIND start selling shares at 0.6c they are making zero profit and just want out of the deal, whilst converting and dumping at the optimal price to not bleed the SP but also get out. They surely can't sell into 0.5c to make a loss and the conversion percentage gain they have been making is now void at this point because the percentage drop between 0.6c and 0.5c is too large. 0.6c should be the floor. How long it stays there is the other question though.
 
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