CLE 0.00% 0.1¢ cyclone metals limited

how much longer, page-7

  1. 25 Posts.
    Thanks for that shortsell site didn't know it existed. Interesting to see now there are only 220,932 short sold!

    Personally I (like everyone I guess) find it hard to reconcile that CFE is trading where it is now let alone the prospect of it falling the full distribution/return of 20+ cps (depending on how many options are exercised) as the company will have a minimum of $260m cash (ie totally discounting the last $80m pymt and after the $100m return) with just over a max of 500m shares ie $0.51 ps CASH + another hot prospect in CL Sth which they will drill in Sept! GO FIGURE!

    All I know is I bought them at $0.61 and was closed out at $0.51 shortly thereafter and I am just wondering what I am missing before trying again....any ideas?!$£$
 
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