CL8 0.00% 1.3¢ carly holdings limited

Well I guess we've gone full circle and it's back to square one,...

  1. 3,127 Posts.
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    Well I guess we've gone full circle and it's back to square one,

    Late October we got this:-
    "In addition, the core component of a 6 month  investor PR campaign will be launched next week"

    1 month in and we are back to 1.9-2.0c.

    I have mentioned previously what I believe the flaws in there financial strategy are and I don't believe they are being rectified. The company's continuous tapping into the fund raising mechanism "CR" anchors the SP.

    1). They need to send a clear message this mechanism is now frozen, the SP will rise and options will be converted early.
    or
    2). A flurry of amazing announcements need to occur to raise the SP which will initiate option conversion early.

    If neither of these 2 items happen come Feb 17 we're tapping that mechanism again and it's back to 2.0c

    All IMO
 
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