So….
CLE are going to pay @5.4M (2.16B shares x 0.0025c) for an asset that was bought for $1.5M only 8 months ago…
Ohh…. And tack on a cap raise of between $1-2 Million …. A co-incidental figure I am sure that has no relevance to the article below.
Shares on issue currently around 6.1B - so an extra 2.16 BILLION shares would mean a dilution of greater than 30% ?
Is anyone expecting the share price to actually rise from this announced investment - or will it dilute to be less than 0.001c ?
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cyclone metals limited
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5.7¢

So….CLE are going to pay @5.4M (2.16B shares x 0.0025c) for an...
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Last
5.7¢ |
Change
-0.001(1.72%) |
Mkt cap ! $63.43M |
Open | High | Low | Value | Volume |
5.8¢ | 5.8¢ | 5.6¢ | $49.32K | 857.3K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 256216 | 5.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
5.8¢ | 380879 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 256216 | 0.057 |
1 | 200000 | 0.056 |
5 | 368635 | 0.055 |
1 | 100000 | 0.054 |
1 | 200000 | 0.053 |
Price($) | Vol. | No. |
---|---|---|
0.058 | 380879 | 4 |
0.059 | 113000 | 2 |
0.060 | 432864 | 7 |
0.061 | 200000 | 2 |
0.062 | 244444 | 3 |
Last trade - 15.10pm 18/06/2025 (20 minute delay) ? |
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CLE (ASX) Chart |
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John Houston / Martin Ross
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