CLN 3.41% 8.5¢ colonial resources limited

NO, you are NOT correct.What makes you think this will drop...

  1. 264 Posts.
    NO, you are NOT correct.
    What makes you think this will drop 66%?!

    The stock is ALREADY TRADING as if the new shares/oppies were issued.

    If not, the share price would be in the dollars per share range.

    40million/29million = $1.38.

    (The $40million value is taken from their most recent presentation which was calculated on a peer comparison).
 
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Currently unlisted public company.

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