CLE 0.00% 0.1¢ cyclone metals limited

buyback - mia, page-11

  1. 2,674 Posts.
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    Tigers1980 - Correct the buyback can take place over 12 months.

    My point however is that the last three buyback notices show that they were buying at between .265 and .275 cents and if they don't buy at todays .255 (one to two cents less) than why not? Perhaps some price sensitive news is to hand. We will see on Monday if a notice comes out.

    The news in the other thread about looking at selling the Royalty is just an option being floated. It isn't actually locked in nor have any offers been made. It's the same as the talk of looking to sell Marampa at $500million. Just talk but obviously an option.
 
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