CLE 0.00% 0.1¢ cyclone metals limited

Did anyone else notice in the recent market update that asian...

  1. 502 Posts.
    lightbulb Created with Sketch. 1
    Did anyone else notice in the recent market update that asian institutions (exlcuding Aust and NZ) now own 9.8% of CFE...

    I might be wrong but i can't see in the other presentations that these was previously the case. This might explain some of the price manipulation going on if we have some institutions trying to accumulate CFE stock - 9.8% is over 50 million shares!!!

    There is no substantial holder notice but possibly this is what a potential predator would be trying to aviod - so they hold through a few different companies.

    As a few have mentioned - Why would you buy Marampa for $500 mill plus if you could get 100% of CFE for not much more. I won't take anything less than double the current price and i am sure TS wants to able to say we sold for 1 billion ( 1.80 rough estimate) if a bid actaully happened.

    The suspense is killing me - price just stuck in mid fifties!!!!

 
watchlist Created with Sketch. Add CLE (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.