CLE 57.9% 3.0¢ cyclone metals limited

Below is one of many posts regarding CFE, what I cant understand...

  1. 52 Posts.
    Below is one of many posts regarding CFE, what I cant understand is if you buy at the current prices of say 40c then you will be eligible for a dividend in July of .07cents per share, which over a 12 month period works out to be 17.5% return BUT THIS IS OVER 12 MONTHS, WE ARE TALKING LESS THE 30 DAYS, = 17.5% x 12 months THIS WORKS OUT TO BE 210%............................WHAT THEcant quite understand this, Am I missing something ????







    Hi doomdog
    you are right -if you buy up to and including 23rd june you are eligible for the dividend. Anything bought from 24th onwards misses out
    shani
 
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