CLZ classic minerals ltd
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IMO:Given the current SP, they'll wait for the 14 day...

  1. tipster
    2,083 Posts.
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    21/07/22
    20:34
    Post #: 62662543
    IMO:

    Given the current SP, they'll wait for the 14 day volume weight average, then they'll have 18 months from issue date to excise or if not excised they can be redeemed at face value ($25k each with 160 issued).

    The CN's were sold at 20% discount to 50% of 15c

    A slap in the face to existing shareholders!
    CLZ Price at posting: 3.8¢ Sentiment: Sell Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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