The buy back has been proceeding at a snails pace. I have no doubt that they are deliberately doing this to conserve cash until the receipt of the $10M from the sale of Leichardt in mid March. Once this occurs the pace will pick up. Will probably step up another gear if the sale of the royalties looks like a goer as well.
insider trader: stock pick of the week 28/02, page-3
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Mkt cap ! $10.47M | |||
| Open | High | Low | Value | Volume |
| 0.1¢ | 0.1¢ | 0.1¢ | $53 | 53K |
| CLE (ASX) Chart |