CLZ classic minerals ltd

Ann: Rights Issue Closes Oversubscribed, page-11

  1. 4,029 Posts.
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    The problem with this company is one never knows what's going on behind the scenes. Almost everyone who is familiar with the company knows they have another agender not aligned and diametrically opposed to shareholder interests. Nobody can understand the company and the way it operates & people talk of doing a short-term trades.
    Right in front of you, you see the stock plummeting & you think it is getting cheap & cheaper. You don't know what's going on and neither do i. Know one knows with this lot because their credibility is zilch. They could be buying up a controlling interest themselves-who knows?
    How much money was recently lost by the short-term traders & chartists, who took losses or got an average of 1.8 easy? Some paid up to 4.5 cents. Just my opinion-DYOR
 
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