CLE cyclone metals limited

Forgive my ignorance as I'm genuinely seeking knowledge here but...

  1. 44 Posts.
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    Forgive my ignorance as I'm genuinely seeking knowledge here but the question that occurs to me is why would vale pay let's say 2 billion for something cyclone got for a lot less or why couldn't or didn't the previous owner get such an offer. I'm not intending to be contrarian or challenging by any means as i know there is something I'm not understanding
 
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(20min delay)
Last
5.7¢
Change
-0.001(1.72%)
Mkt cap ! $62.34M
Open High Low Value Volume
5.8¢ 5.8¢ 5.6¢ $63.57K 1.107M

Buyers (Bids)

No. Vol. Price($)
2 207274 5.7¢
 

Sellers (Offers)

Price($) Vol. No.
5.8¢ 350000 2
View Market Depth
Last trade - 16.10pm 18/06/2025 (20 minute delay) ?
CLE (ASX) Chart
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