Thanks for the response, Beton.That's pretty much how I saw...

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Bdraidr09

154 Posts.

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08/03/24

13:45

Post #: 72814595
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Originally posted by Beton2: ↑

Do the maths. It cannot go lower without a consol. Why spend money when it is tight on consol? They have cash to continue provided they cash in their shares. If EUR goes up, value in shares will exceed EV. Forget Tony. The guys running the show are experienced IO guys that are running on a salary far less than could ask for. Their reward are their options. The options expire in Dec 24, 25 and 26. The reward greatly outweighs the risk. And if you sell it will only be for 0.001 when you get to the front of the queue. Go figure.

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Thanks for the response, Beton.

That's pretty much how I saw things. I'm holding 5m shares that I paid 0.1 cents for. Not a large investment. Thanks for taking the focus off of Tony - that eased my mind.

Last edited by Bdraidr09: 08/03/24

CLE Price at posting: 0.1¢ Sentiment: None Disclosure: Held
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(20min delay)
Last 7.5¢		Change -0.003(3.85%)		Mkt cap ! $81.51M

Open	High	Low	Value	Volume
7.8¢	7.8¢	7.1¢	$368.4K	4.909M

Buyers (Bids)

No.	Vol.	Price($)
1	52160	7.3¢

Sellers (Offers)

Price($)	Vol.	No.
7.5¢	147778	3

View Market Depth

No.	Vol.	Price($)
1	52160	0.073
4	460047	0.072
2	197537	0.071
5	156273	0.070
1	200000	0.069

Price($)	Vol.	No.
0.075	147778	3
0.076	100000	1
0.077	185000	4
0.078	590539	3
0.079	347129	5

Last trade - 16.10pm 29/07/2025 (20 minute delay)

CLE (ASX) Chart

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