CLE cyclone metals limited

Well I'm out.I gave the management over a year to match actions...

  1. 101 Posts.
    Well I'm out.

    I gave the management over a year to match actions with words and in my opinion they have failed.

    Yes they have made a number of purchases of distressed assets.

    But they have not done the following (as they said they would):
    Sold Lady Annie - should have kept it simple and allowed Aussie brokers to do the whole thing. Blaming the market conditions at the time was a cop out

    Paid a dividend

    Made any serious negotiations/sales of Marampa

    The sales of all the minor shareholdings returned very little


    Good luck to all holders, may the big pay day come one day. I just can't see it happening soon.

 
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(20min delay)
Last
6.4¢
Change
0.006(10.3%)
Mkt cap ! $71.59M
Open High Low Value Volume
6.1¢ 6.5¢ 6.1¢ $174.0K 2.725M

Buyers (Bids)

No. Vol. Price($)
1 147157 6.3¢
 

Sellers (Offers)

Price($) Vol. No.
6.4¢ 70534 2
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Last trade - 12.50pm 16/07/2025 (20 minute delay) ?
CLE (ASX) Chart
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