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0.00% 0.1¢ cyclone metals limited

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  1. cloudstreet
    657 Posts.
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    28/07/08
    16:32
    Post #: 4043368
    According to my IRESS trading platform
    CFE aprox 380m shares
    CFEO aprox 40m options likely to be converted.
    Total 420m shares fully diluted.

    Sale proceeds $400m
    Value of remaining tennaments must be more than $20m

    Therefore CFE should be worth North of $1.

    What am I missing - because the market thinks it worth only half of that?
    CFE Price at posting: 0.0¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
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