In July 2022 CLZ share price was $0.001 (the lowest possible price on the ASX) and the board executed a 1:150 consolidation.
The consolidation came with loyalty options exercisable at more than 3x the consolidated price but expired 1 only month after issue.
In July last year, CEO listed one of three reasons for buying CLZ was cash inflow from production activities so no more dilutive raising.
In December, capital raise and share issued.
As of today, despite the consolidation and promises of production and no further dilution, the share price is back at $0.001.
Everybody who was around for the consolidation in July 12 months ago has since lost 150:1 of their initial investment value.
The CEO is paid over $500k per year and has been for the past 3 years.
Perspective for Future Investors
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Last
0.8¢ |
Change
0.001(14.3%) |
Mkt cap ! $2.48M | |||
| Open | High | Low | Value | Volume |
| 0.8¢ | 0.8¢ | 0.7¢ | $5.45K | 725.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 33 | 6273278 | 0.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.8¢ | 806040 | 1 |
View Market Depth
| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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Last
0.8¢ |
Change
0.001 ( 7.14 %) |
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| Open | High | Low | Volume | ||
| 0.8¢ | 0.8¢ | 0.8¢ | 143517 | ||
| Last updated 15.12pm 03/05/2024 ? | |||||
| CLZ (ASX) Chart |