IMO:
This stock been propped up for a while and given that there’s now almost ONE BILLION SOI without the debt level being reduced, having a market capitalisation close to $8M without any significant assets made little sense.
Not producing without more funding and share dilution and no figures provided by company to indicate if they can be profitable and no resource updates since 2017.
The CEO who also is the geologist hasn’t even bought shares in the company and IMO that speaks volumes for lack of confidence.
Failed promises year after year with many milestones missed and forgotten over time speaks volumes of the lack of management ability
The only thing they are good at is SPIN which is targeted those unable to think critically.
I can see this stock heading another quick downward movement with such a large SOI.
- Forums
- ASX - By Stock
- CLZ
- PRODUCER IN 90 DAYS
PRODUCER IN 90 DAYS, page-62
-
- There are more pages in this discussion • 179 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
AVH
Avita boosts skin restoration product portfolio with 'dermal matrix' – a kind of next-level gauze made of fake skin
MND
Albemarle lithium downsize burns $200M hole in Monadelphous's pocket as latter's contracts terminated
Add CLZ (ASX) to my watchlist
(20min delay)
|
|||||
Last
0.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $1.253M |
Open | High | Low | Value | Volume |
0.1¢ | 0.1¢ | 0.1¢ | $917 | 917.0K |
Featured News
MND
Albemarle lithium downsize burns $200M hole in Monadelphous's pocket as latter's contracts terminated
AVH
Avita boosts skin restoration product portfolio with 'dermal matrix' – a kind of next-level gauze made of fake skin
CLZ (ASX) Chart |