CLE 0.00% 0.1¢ cyclone metals limited

drowning in cash

  1. 145 Posts.
    lightbulb Created with Sketch. 3
    One has to wonder with absolute astonishment and drool with confusion how a company with so much Cash and monthly investment income from interest and option conversions is still trading at 22c.

    It almost seems that the market is saying that too much cash is a bad thing.

    That's why, I would like to know what others would advise
    CFE management to do different or invest in, to allow the share price to at least trade near cash backing (45c).

    Are we drowning in too much cash ?

    Do we need a share buyback?

    Bonus issue ?

    Should CFE take a stake in MGX ?

    Maybe another company in a another sector?

    Pull out of the Marampa Inv?

    What about another dividend ?

    Do nothing but earn bank interest ?

    Any comments appreciated !
 
watchlist Created with Sketch. Add CLE (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.