CLZ 0.00% 0.1¢ classic minerals ltd

Ann: Trading Halt, page-56

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  1. 1,189 Posts.
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    Why on earth does it take five days to release an announcement on a mining lease? Most other companies release such news simply as a price sensitive announcement without a trading halt. It seems to me that they might use this five days to get even more cheap (0.1 cent) shares to their mates prior to the probable rerating of the share price to 0.2 cents+, and by doing so further reducing our (shareholder) proportionate share of the company.
 
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