CLZ classic minerals ltd
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Consolidation, page-17

  1. Abacoolloo
    2,004 Posts.
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    26/02/24
    09:22
    Post #: 72590668
    I don’t think LDA loses anything. Around 250mill shares on issue after consolidation. Announcement said LDA will be issued 50mill after consolidation. 50/300 (250+50) = 16.7% of the company. Not really sure how it all works other than retail shareholders get screwed.
    CLZ Price at posting: 0.1¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 5  Upvote
    lightbulb Created with Sketch.  Great analysis
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