Today's buy and sells on comsec look better already. Maybe the...

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27/09/18

09:01

Post #: 35870930
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Originally posted by AC88 ↑

way to kill the momentum in the stock guys.
Just another stock that is "funded and in production" and as soon as we start to move we get hit with a crappy $1.5m SPP raising that's not underwritten and sure to put the breaks on the stock until it closes in a month or so.
Who knows what the resource sentiment will be like in the next month ?
should of let this run.
If you needed the money quickly should of placed it very succinctly at the market price to the Chairman and or some of his large co-investors. Now we are going nowhere til mid-late October - just as we were building nicely.
People saying its fair for retail don't realise that you'll prob not get much stock anyway.
What is fair to retail - is larger shareholders supporting the stock in efficiently placed raisings at fair market prices and the stock rerating upwards. Reality is this how retail make money. By the support of the large shareholders.
Not a commercial decision at all from a team that I know have more smarts about them.

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Today's buy and sells on comsec look better already. Maybe the momentum will return anyway. After all the future looks good.
Now producing
Income in a month or so
Resource rich area
Every indication that the CZL will be able to inrease resource availability in time

The sellers .024 and below can't go on for to long. Snap them up while they're there and wear them out.

CZL Price at posting: 2.2¢ Sentiment: None Disclosure: Not Held
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Add CZL (ASX) to my watchlist

Today's buy and sells on comsec look better already. Maybe the...

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