Barrenjoey has paid up to 1.2 cents for a stock now trading at...

Barrenjoey has paid up to 1.2 cents for a stock now trading at one to two-tenths of a cent. I guess we might find out what their attraction is to a company that may have many millions of debt , one mining lease at Kat Gap & 2 financially( yet to be settled} leases at Forestania, and a questionable mobile processing plant at Kat Gap.
We cannot find out what is happening as CLZ does not keep the market adequately informed, or answer phone messages
Is there to be a hostile bid or takeover, and if so for what, some leases? and a suspended mining operation. All we do know is that CLZ keeps issuing stock at a furious rate. Barrenjoey only has 6 percent at this stage . We have seen other parties take a substantial holding in the past & they have sold and gone away . It looks like share investors have lost interest in this basket case of a company.