CLE 0.00% 0.1¢ cyclone metals limited

changes top 20 shareholders, page-3

  1. 2,673 Posts.
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    Ok Kasper - another interesting fact then is if I presume the holders who have been pushed down are still there and then add on the shares held by CFE Key Management Personel then the total becomes almost 74% of the shares on issue being held by them.

    That then only leaves some 170,000,000 shares available for trading. The significance of that to me is that if there is a major sale (Marampa) and people want to buy in the price can rocket quite quickly. High demand small supply.

    I wonder where the point will be that these top holders will be prepared to off load?

    At this stage I'm not too sure where I will be off loading as well but looking at the valuations of the assets I'm thinking around $2.00 total value, which is SP plus capital returns or dividends. Then again if we start getting a great return from this income stream that TS is slowly developing I will possibly never sell and use this as my Super Fund instead:)

 
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