re: Ann: Daily share buy-back notice - Append... wassa, i agree. looks like a drawn out sell to punish the company. seller obviously doesn't want to off-load all at once and is not taking advantage of the 10c price floor. leads me to believe they are trying to punish the company by keeping the price low over an extended period.
the positive is the CFE has plenty of cash (as you mentioned). once the big seller is flushed out, then we will get a better sense of the SP. also once big seller is gone, the higher concentration of shares will have a positive effect.
as i mentioned previously we have not yet seen the effect of the buy back lifting the sp. bound to come once the big seller is gone.
Mngt probably has a better understanding of the current game. Bravo for sticking to their guns and protecting retail share holders by maintaining a price floor, and adding (unrealized)value.
- Forums
- ASX - By Stock
- CLE
- Ann: Daily share buy-back notice - Appendix 3E
Ann: Daily share buy-back notice - Appendix 3E , page-20
-
- There are more pages in this discussion • 13 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add CLE (ASX) to my watchlist
|
|||||
Last
0.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $12.73M |
Open | High | Low | Value | Volume |
0.1¢ | 0.1¢ | 0.1¢ | $2K | 2M |
Featured News
CLE (ASX) Chart |