CLE 57.9% 3.0¢ cyclone metals limited

dividends to come from sale of sappes to glory, page-5

  1. 502 Posts.
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    i think GLY already has the funds raised, just waiting on ASX recompliance and shareholder agreement. pretty confident about getting our $32.5 mill in November. my guess is that we wont get a dividend - i would much rather CFE use the funds to build up Kurana and other african tenements ready for sale/ipo next or buy some undervalued shares.

    marampa ipo i expect is sitting on hold until european debt deal is finalised this week. it would be crazy to try and sell this week or next until a "solution" is out there. Chinese manu numbers may help though from yesterday.

    I do beleive the trade sale option may still come from nowhere in next few weeks.

 
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Last
3.0¢
Change
0.011(57.9%)
Mkt cap ! $20.84M
Open High Low Value Volume
2.3¢ 3.5¢ 2.3¢ $932.6K 31.97M

Buyers (Bids)

No. Vol. Price($)
2 635000 2.9¢
 

Sellers (Offers)

Price($) Vol. No.
3.0¢ 109051 1
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Last trade - 16.10pm 15/11/2024 (20 minute delay) ?
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