CLE 0.00% 0.1¢ cyclone metals limited

the buyback is back, page-47

  1. 2,674 Posts.
    lightbulb Created with Sketch. 299
    To me it looks like a Special Crossing Trade. Cross trades can be down by a broker when two of their clients agree to a cross trade of shares. So in this case a buyer and a seller, clients of the same broker, agreed to 1,995,000 shares at .685 cents. So someone gave someone else $1,366,575 for some shares.

    Very strange today and I also think something big is happening. I don't think it something bad otherwise why would someone be spending $1.366,575 on shares. People with that sort of money usually know what's going on. They don't get that much cash by guess work.

    I'm hanging on and I hope no one got diddled by stop losses cutting in.

    Still think CFE way undervalued so no problems - just something crazzzy going on.
 
watchlist Created with Sketch. Add CLE (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.