C7A 0.00% 0.9¢ clara resources australia ltd

Ann: Section 708A Notice and Appendix 3B, page-5

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 431 Posts.
    lightbulb Created with Sketch. 157
    Plenty more share to be issued for these terrible notes, especially if they keep being able to convert them at $0.006.

    Such a horrible deal this has been for shareholders, despite the company trying to convince us they did a great job with the terms of this deal being conversion at $0.035 for the first 10 months. Trouble was after the 10 months was up they can essentially convert at whatever price they can push it down to.

    Moral of the story is, if you ever see Lind (or plenty of others just like them) offering finance to a company via a convertible note, especially a speculative minnow explorer with inept management like ANW, run a hundred miles in the other direction as it ain't going to work out well for existing retail share holders!
 
watchlist Created with Sketch. Add C7A (ASX) to my watchlist
(20min delay)
Last
0.9¢
Change
0.000(0.00%)
Mkt cap ! $2.251M
Open High Low Value Volume
0.0¢ 0.0¢ 0.0¢ $0 0

Buyers (Bids)

No. Vol. Price($)
3 1900430 0.9¢
 

Sellers (Offers)

Price($) Vol. No.
1.0¢ 337721 1
View Market Depth
Last trade - 16.12pm 14/10/2024 (20 minute delay) ?
C7A (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.