The so called social media post mentioned a capital raise at ..0005 for $4M, so that's an extra 8 BILLION shares!
So bring SOI to around 40 BILLION approx?
Then drop in share consolidation at 1:150 for 267 MILLION shares on issue post consolidation.
So if market capital is optimistically set at $20M divided by SOI = a VERY VERY LOW NUMBER
IMO, sorry, just can't see much future for CLZ in the SP for existing shareholders.
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