Hi Doomdog,
Just my take, but I think you might be jumping ahead of things a bit. Looking at the prospect for IPO & GFE, they are to issue about 1 billion and 1.3 billion share respectively for the purchases and to raise development funds. Going by the quarterlies, CFE has 13.5% of the 157m shares in IPO and 19.6% of the 18.1m shares in GFE. Unless CFE participate in these placements in a major way, it seems to me they'll have a very minor interest. Does this seem correct to others, or am I missing something?
I'm still running with a sale on Marampa as the serious game changer. I think it was John (JID), from memory who viewed the extra rigs being brought in to fast track it, as even better news than the divi. On that, I agree 100%. As I've said before, that's worth 60-80cps on it's own. Throw in the rest of the cash, receivables and assets and I think a dollar will be a mere speed bump.
Peter
- Forums
- ASX - By Stock
- CLE
- cape lambert mentioned re: frank timmis
cape lambert mentioned re: frank timmis, page-13
-
- There are more pages in this discussion • 3 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add CLE (ASX) to my watchlist
(20min delay)
|
|||||
Last
0.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $12.73M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Featured News
CLE (ASX) Chart |
Day chart unavailable