Yes this sell down has been prompted by the overall state of the Resources sell down plus if influential powers can hold the price at this level 50cents ready for a takeover bid of 75cents then a 50% higher bid than current share price will look good to disgruntled shareholders plus they will get the added bonus of 270 million in the bank. Should see an offer within 2 months I reckon. Accumulate now for a 50 percent gain.
Regards
MikePike
response from cfe re options issue, page-8
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Last
1.9¢ |
Change
0.000(0.00%) |
Mkt cap ! $13.20M | |||
| Open | High | Low | Value | Volume |
| 1.9¢ | 1.9¢ | 1.9¢ | $28.79K | 1.515M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 114177 | 1.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.0¢ | 1001551 | 7 |
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| Last trade - 15.17pm 14/11/2024 (20 minute delay) ? |
| CLE (ASX) Chart |