Cyclon Metals (ex Cape Lambert), Tony Sage's baby has been suspended from trading by the ASX since 16/10/2020 due to insufficient business.
I think this will continue….
Cyclon holds in other companies are getting smaller and smaller.
According to the latest report,
Cauldron Energy's share is
from 16.36 % to 7.85 %.
https://hotcopper.com.au/threads/ann-change-in-substantial-holding-for-cxu.5896499/
at EL
from 8.87 to 7.06
https://hotcopper.com.au/threads/ann-change-in-substantial-holding-for-eur.5883662/
In contrast, lender Winance now holds 18.82% of Cylon!!!
https://hotcopper.com.au/threads/ann-becoming-a-substantial-holder.5834189/
And the rating now is far too high.
There's something fishy about it. Tony Sage had a house and office searched in January, it's all over the media...
I would also write to Tony Sage and ask him….
- Forums
- ASX - By Stock
- CLE
- letter to ASIC
letter to ASIC, page-4
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