CLY 0.00% 0.0¢ clancy exploration limited

Hi,I reviewed the recent Austocks research report and it may...

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 1 Posts.
    Hi,

    I reviewed the recent Austocks research report and it may offer an explaination to the big volumes today.

    On page 9 it said that they expected KSK - largest shareholder to dilute over time especially as they did not participate in the recent raising. Furthermore they expected them to exit with any share price appreciation. KSK = Geoinformatics the company CLY was spun off from.

    I am guessing they must need the cash.
 
watchlist Created with Sketch. Add CLY (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.