Can anyone say how much or how often shares can be issued when a stock is suspended?
What is there to stop this company from issuing another 300 m in a few months then have a share consolidation and continue again issuing shares to pay in lieu for drilling or advisory services .
Shareholders get diluted to nothing and they keep thr company.
That's a mining model that is sure to rake in the gold.
A sniff of drilling every now and then ---lots of expense paid trips to mining conferences---in house paid advisory services---- cars and trucks----houses and accomodation and lots of BBQ's with extended family and friends on Nikes.
- Forums
- ASX - By Stock
- CLZ
- AGM Fri 30th...
AGM Fri 30th..., page-5
-
- There are more pages in this discussion • 6 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
Add CLZ (ASX) to my watchlist
(20min delay)
|
|||||
Last
0.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $1.439M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Featured News
CLZ (ASX) Chart |
Day chart unavailable
The Watchlist
NXD
NEXTED GROUP LIMITED
Nick Poll, Managing Director
Nick Poll
Managing Director
SPONSORED BY The Market Online