CLE cyclone metals limited

I urge everyone to read the Cleansing Prospectus and my post...

  1. 142 Posts.
    lightbulb Created with Sketch. 17
    I urge everyone to read the Cleansing Prospectus and my post under it.
    The heading is very misleading - makes it sound like the typical cleaning up of insignificant small parcels of shares, but as I see it, it is actually going to release a huge number of CLEAT (CLE unlisted options exercisable at 3.2c) onto the market - 337 million of them actually at a time when our heads number 1080 million. That's a quantity of 31% of heads.
    Can only lead to downward pressure on share price imo.
    And the offer generates $35 but will cost $42,922 ... so we shareholders will have to pay $42,887 for the right for ppl who have basically free unlisted options to convert them to listed options and be able to sell them at a premium without having to find any funds to exercise them ... this is just a money grab for people who want some liquid funds imo.
    DYOR and Voice your dis-satisfaction if you agree with me
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
7.1¢
Change
0.005(7.58%)
Mkt cap ! $78.20M
Open High Low Value Volume
6.8¢ 7.4¢ 6.7¢ $620.7K 8.762M

Buyers (Bids)

No. Vol. Price($)
3 305040 7.1¢
 

Sellers (Offers)

Price($) Vol. No.
7.3¢ 265763 3
View Market Depth
Last trade - 16.10pm 25/07/2025 (20 minute delay) ?
CLE (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.