Core business of the company is not doing greatly.. Ask your self this question.. how many of you buy Bata or DSI shoes against DI shoes? some of you may not have heard of them even (though company has long history and supposed to have turned around)...Of course it is not to say CLPL will never do great.but that is the start, on cor business... So if the business is to do great, and reach outstanding returns in the long run you need a proper story. Otherwise, the share is pushed up by interested parties so be careful. You may wake up one morning and realise that you are holding on to something worthless; i.e. crap!!!
See the changes in top twenty holders of clpl.w13 on quaterly (March and June). That says the story pretty succinctly. If you are buying CLPL warrants, be very careful...."1% return in one day" story hides a lots of "1% loss in one day". Actually the promoters create 1% up for 1000 shares and dump 1% down on a million. Don't be gullible.