CLE 0.00% 0.1¢ cyclone metals limited

What have I missed? Why all the low guesses on the div/cap...

  1. 21 Posts.
    What have I missed? Why all the low guesses on the div/cap return? 3cents still leaves the company with more than $50million. What do they need that kinda money for? Just based on the glaring lack of need for such a large amount of $$, I am expecting more like a 6-7 cent return.

    Add to that that IMO Sagey would love some money back--the more, the better-- and since he cannot sell shares onmarket without crashing the share price, this is his chance to, to some degree, cash out.

    Anyway, if it's 3c, it's 3c. But i'd be surprised if it is less than 5c. More likely 6 or7c IMO. But then again, what do i know??
 
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