CLE 0.00% 0.1¢ cyclone metals limited

I guess its all about the ATO outcome. My reasoning for around...

  1. 94 Posts.
    I guess its all about the ATO outcome.

    My reasoning for around 3/4c is they are wanting to spend more money on Marampa, still spending doing the share buy back and their "basic" business model is about buying cheap and selling high so the last thing they will want to do is see a bargain and not have enough money to pay for it, then come knocking on the share holders door for some $$$ not long after they hand out a dividend.

    Hope your right though - a 6/7 dividend would be nice and would see the share price rocket early next week.
 
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