It's not time to buy. New share issue will be absolutely unsuccessful. Last share issue and now are the same. Only around 30% of their target should be done by the management. Nobody stupidly uses the unsuccessful method for the same new share issue. They're intended to do that. They're trying to average down share price and raise their vote power in the company. I think someone is trying to dominate the business. They will set another issue at around $0.08, then $0.04 for the rest of unsuccessful share issue. They got shareholder list in their hand and they're obviously understanding how to clean up small shareholders. I can smell an illegal hostility in this company. If you're shareholders, you can report to ASX.
Keep waiting here till share price going down to $0.04.
CZL Price at posting:
1.6¢ Sentiment: Sell Disclosure: Not Held