CLZ 50.0% 0.1¢ classic minerals ltd

Ann: Results of Meeting, page-5

  1. 739 Posts.
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    What I struggle with is understanding how taking shares in lieu of $$ in a largely-dud company is beneficial.
    I guess if you get the shares for free it is a bonus, but in lieu of real money?
    An asset sale could cause a flow-on to shareholders, but there are billions of shares allotted already, so any return is seriously diluted.
    What is the future advantage?
 
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