They have just issued 50 million shares at a deemed price of one cent . The shares should have come on at 5 cents .So 20 per cent of the company has just been issued at a fifth of the post consolidation value.
So after the consolidations devalued the shares by 7500 times, now it has just been devalued by another 80 per cent
Ann: Proposed issue of securities - CLZ, page-20
-
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add CLZ (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
0.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $1.439M | |||
| Open | High | Low | Value | Volume |
| 0.1¢ | 0.1¢ | 0.1¢ | $471 | 471.1K |
| CLZ (ASX) Chart |