CZN corazon mining limited

@Prawnman,You forgot to mention that post Consolidation the...

  1. 4,449 Posts.
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    @Prawnman,

    You forgot to mention that post Consolidation the company continues to further dilute shareholders value and after Consolidating the company had 162 million shares on issue, then only 2 months later needed to raise funds by way of institutional investors when they issued 40 million new shares, then again the company had to raise again by way of going back to the BEOT, why because they had alread sucked the life out of retail, in any event they issued just over 82 million shares in 2 tranches the first in September of 50 million and the second in October of 32 million to Wilhiem Klink, this means that Corazon had diluted every shareholders value by issuing a total of over 120 million new shares of which was added to the already Post Consolidation SOI of 162 million know my maths ain't to good but this company by my maths has already diluted the company by 75% or more and acheived that feat in a staggering 9 months and all this off the back of fluffy announcements and paid for video presentations.

    The above is a true indication as to were this doggy stock is one only needs to look at facts and figures to know that, and not continue down the path of "if they get it right" because this mob has failed for over 10 years to get anything right as their history tells us.
 
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