Hello @Rdncoic
Yes as you correctly pointed out Cyclon Metals (ex Cape Lambert) and Tony Sage's baby has been suspended from trading by the austreal ASX since 16/10/2020 due to insufficient business.
I think this will continue as the shares Cyclon has in other companies
Cyclon holds in other companies are getting smaller and smaller.
According to the latest report,
Cauldron Energy's share isfrom 16.36 % to 7.85 %.
https://hotcopper.com.au/threads/ann-change-in-substantial-holding-for-cxu.5896499/
at EL
from 8.87 to 7.06
https://hotcopper.com.au/threads/ann-change-in-substantial-holding-for-eur.5883662/
In contrast, lender Winance now holds 18.82% of Cylon!!!
https://hotcopper.com.au/threads/ann-becoming-a-substantial-holder.5834189/
As you can see, with a 7.06% stake in EL, it makes little difference to Cyclon if the share price rises.
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Change
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Mkt cap ! $33.55M |
Open | High | Low | Value | Volume |
2.3¢ | 2.5¢ | 2.3¢ | $45.28K | 1.892M |
Buyers (Bids)
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---|---|---|
4 | 535235 | 2.3¢ |
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Price($) | Vol. | No. |
---|---|---|
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No. | Vol. | Price($) |
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1 | 217391 | 0.023 |
1 | 40000 | 0.022 |
6 | 429363 | 0.021 |
6 | 204644 | 0.020 |
1 | 52683 | 0.019 |
Price($) | Vol. | No. |
---|---|---|
0.026 | 309500 | 2 |
0.029 | 218423 | 2 |
0.031 | 123360 | 3 |
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