These 373M CLEAT options were already issued and approved by shareholders. This prospectus doesn’t create new dilution — it just enables existing options to be traded on-market.
The $42k cost is a one-off legal/compliance expense to meet ASIC/ASX rules. Standard practice.
If these options are exercised at $0.032, CLE receives up to $11.9M in funding, which strengthens the balance sheet without needing a placement.
Yes, they add liquidity and some short-term supply, but many holders may exercise rather than flip, especially with CLE trading ~50% above strike.
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- Beware - read Cleansing Prospectus - misleading heading !!
CLE
cyclone metals limited
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9.86%
!
7.8¢

These 373M CLEAT options were already issued and approved by...
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Last
7.8¢ |
Change
0.007(9.86%) |
Mkt cap ! $84.81M |
Open | High | Low | Value | Volume |
7.4¢ | 8.1¢ | 7.3¢ | $778.0K | 10.25M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 32619 | 7.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
7.8¢ | 198255 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 32619 | 0.077 |
5 | 557550 | 0.076 |
6 | 320067 | 0.075 |
1 | 200000 | 0.074 |
4 | 293863 | 0.073 |
Price($) | Vol. | No. |
---|---|---|
0.078 | 198255 | 1 |
0.079 | 345000 | 3 |
0.080 | 900000 | 5 |
0.081 | 156160 | 1 |
0.082 | 150000 | 2 |
Last trade - 12.17pm 28/07/2025 (20 minute delay) ? |
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CLE (ASX) Chart |
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Frazer Bourchier, Director, President and CEO
Frazer Bourchier
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