CLE 0.00% 0.1¢ cyclone metals limited

Tbh I don't see a win regarding these aml shares of cfe....

  1. 143 Posts.
    Tbh I don't see a win regarding these aml shares of cfe.

    Buybacks are pretty worthless and there are tons of examples out there. It takes away from capital investment and doesn't provide value. It simply drains funds and is false hope to shareholders.

    So if cfe doesn't buy, it loses from control issues. If cfe buys, expect money drained and capital raising in future draining more money. In effect... Lower share price.

    I predict Shandong will outbid cfe. Cfe doesn't exactly have limitless pockets.

    Also Tony sage is not on any recent billionaires list.
 
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