The theory holds water. You can't "ramp" to existing holders, they've got their sentiment - whether negative or positive.
Prospective holders aren't going to be randomly surfing this forum. You'll have existing holders and ex-holders (many caught unfortunately from the Cobalt bull market debacle under BB), it's up to the company to engage in marketing ("ramping") and solicit investor interest.
The forum serves as a medium for discussion and debate. The company now needs to monetise the Opuwo asset (which I think Martin will do) and continue progressing operations in the Philippines.
The positive is that they're clearing house but I don't think they're done yet. Martin will bring the correct people in to replace the Perth mob.
OMG! CLA 11c fair value, says broker report, page-108
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Last
1.4¢ |
Change
-0.001(6.67%) |
Mkt cap ! $33.99M | |||
| Open | High | Low | Value | Volume |
| 1.4¢ | 1.5¢ | 1.4¢ | $52.88K | 3.751M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 2423877 | 1.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.5¢ | 5743736 | 5 |
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| CLA (ASX) Chart |