CLZ classic minerals ltd

Ann: RIL: Sale of Forrestania - Extension of Closing Date, page-24

  1. 2,003 Posts.
    lightbulb Created with Sketch. 937
    Yeah, the disaster continues.
    Even management were expecting this to fall going by the announcement.
    If it trades at .005 (.006 got wiped) they will issue these share at a 10% discount or .0045 and that’s exactly what they expect.
    $225,000 divided by 50,000,000 = .0045 so they are actually expecting it to trade lower!!!
    Probably to pay for Forrestania and more wages. Useless twats.
 
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