Hi towie,
Can you check at the time when CFE announced the sales of it Cape Lambert project? It is still at the middle of the boom. CFE increase the company's value by 20 times but the share price only increase 3.5 time from it IPO price of 20 cents. Can the share price justify this project sale to return some value to the shareholder?
FMG is still trading at 3 dollars mark after the share split, it still reflect a very handsome return from its IPO price.
Ray
chart analysis, page-15
-
- There are more pages in this discussion • 6 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add CLE (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
0.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $10.47M | |||
| Open | High | Low | Value | Volume |
| 0.1¢ | 0.1¢ | 0.1¢ | $6K | 6M |
| CLE (ASX) Chart |