CLE 0.00% 0.1¢ cyclone metals limited

Ann: Trading Halt, page-10

  1. 7,639 Posts.
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    Imagine this....hypothetical!

    CFE has no money.

    CFE could sell some of it’s EUR shares.

    What would CFE selling 25,000,000 EUR shares do to EUR’s sp? As well, it would not look good or be a confidence booster!

    CFE gets expensive funds with EUR shares as security.

    CFE Default on the loan.

    The lender get’s the EUR shares.

    The lender sells the EUR shares.

    The lender makes a lot of dollars.

    CFE has $2.5m to pay the bills.
    With the debt cleared.

    And tony can say “it’s not CFE’s fault the EUR shares got sold”
 
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