3.5 million CLN shares @1.57 + 15.7 million placing @1.50 to sell!18 Mar 2025 09:26
3,507,548 new ordinary shares in the Company (the "CLN Shares"). Market Makers handing them over to pi’s for nearly twice the price! Then 15,733,333 new ordinary shares in the capital of the Company (the "Placing Shares") at a price of 1.5p, a discount of 6.25% to the closing price of 1.6p on 13 March 2025.placing shares on 21st enter the market
Some mug punters with no closing of these ‘deals’ for months they have until June 2025 and zero guarantee! If you’re in profit suggest you take it fast, way too much hype. If company was rolling in cash then why do a placing at 1.50 for peanuts! So many will be underwater once the hype dies off! IMHO DYOR