CLE 0.00% 0.1¢ cyclone metals limited

special div, page-18

  1. 1,756 Posts.
    lightbulb Created with Sketch. 164
    Btw guys,
    the total amount of dividend and Capital return has been fixed since they released the latest Appendix 3B which announces the total amount of options being converted.

    Now we got 444M shares which are eligible to participate in the cash distribution. ( excluding the 44M shares for African Minerals Ltd. )

    100M $ cash / 444M shares = 22.5c Div and Cap Return.

    Looking good imho :).

    It could be that CFE announce another Appendix 3B with more options being converted which will change the total amount marginally. It will certainly be between 21.5c and 22.5c.

    Cheers

 
watchlist Created with Sketch. Add CLE (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.