CLE cyclone metals limited

In relation to todays "Asset Sale" Trading Halt and CFE's...

  1. 2,719 Posts.
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    In relation to todays "Asset Sale" Trading Halt and CFE's announcement on 14 March about the Royalty Sale where ther said:
    "The sale of the royalty would allow the board to consider the payment of a special dividend to shareholders as per the Company model."

    Would it be better for CFE to do a Capital Return Distribution or a Dividend?

    I'm thinking if they gave the entire amount as a Capital Return then the Tax Office cannot take their cut from CFE but need to take it from the individual Shareholders should they have made a Capital Gain. In this current market I don't think there would be too many who would have a Capital Gain thus need to pay any Tax.

    I'm not saying that CFE are definitely paying a distribution I'm just questioning what would be best for CFE. (In other words what avenue would be less likely to generate another ATO Tax amendment notice in 2 years time)

 
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(20min delay)
Last
5.1¢
Change
-0.002(3.77%)
Mkt cap ! $56.17M
Open High Low Value Volume
5.2¢ 5.3¢ 5.0¢ $35.35K 692.1K

Buyers (Bids)

No. Vol. Price($)
3 519084 5.0¢
 

Sellers (Offers)

Price($) Vol. No.
5.3¢ 81876 1
View Market Depth
Last trade - 13.13pm 10/07/2025 (20 minute delay) ?
CLE (ASX) Chart
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