CLZ 0.00% 0.1¢ classic minerals ltd

Exactly bunga!! market definitely saying it has no faith at all....

  1. 1,197 Posts.
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    Exactly bunga!! market definitely saying it has no faith at all. Interesting that still paying bills (creditors) by share issues. Obviously the $5m facility they said they had is useless at these prices. In fact the 206m shares they issued to cover creditors at $0.00125 (geez had to get out the old Hewlett Packard graphic calculator for that one to get enough decimals) will be interesting to see if they all get dumped as $0.001 is as "low as she goes"!
    I suspect if someone was owed say $1000 they were given $1250 worth of shares to get their $1000. Almost 3b shares on issue now. What a debacle! 
 
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