CLE 57.9% 3.0¢ cyclone metals limited

further director buying, page-8

  1. 3,666 Posts.
    Sammy,

    I agree with your comment about the strength of the $A not helping our cause.

    But the strength in the $A is in part because of the weakness of the US$, and in part because the A$ is a reflection of strong commodity prices.

    But the strong A$ dollar hasn't stopped the foreign buying of Australian companies, or Chinese buying into Australian assets. Think EQX and the LNG sector to name just two examples.

    CFE may be a bit quiet until there is a disposal of an asset or similar catalyst. (I would love to know the full story behind the crashing of the share price and hurried end to the buyback.. but, we may never know).

    CFE is still a great risk/reward investment; more so than ever at these prices - cash backing, basket of assets in a variety of commodities, management with a history of success. And those who are patient will be rewarded when those assets for sale are monetized.

    Good luck all holders.

    Yaq
 
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Last
3.0¢
Change
0.011(57.9%)
Mkt cap ! $20.84M
Open High Low Value Volume
2.3¢ 3.5¢ 2.3¢ $932.6K 31.97M

Buyers (Bids)

No. Vol. Price($)
2 635000 2.9¢
 

Sellers (Offers)

Price($) Vol. No.
3.0¢ 109051 1
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Last trade - 16.10pm 15/11/2024 (20 minute delay) ?
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