CLE 0.00% 0.1¢ cyclone metals limited

in play, page-4

  1. 3,099 Posts.
    lightbulb Created with Sketch. 1418
    Could be something other than MCC, or, how about the possibility that MCC are buying as many options and heads as they can. At these prices they will effectively be paying themselves back a big chunk of the $400 milion - provided of course management make a payment to shareholders as they have stated.

    There is clearly one (maybe 2) very patient large players accumulating. They are from time to time selling back to themselves to keep the sp from rising too much. 2 steps forward then 1 step back and so on. This is why the sp is rising very gradually every day. These guys are very good and clearly accumulating a large stake in the company.

    Happy times ahead I feel. CFEO could be at least 100% higher from current levels within 8-10 weeks. My short term target of 61 cents for CFE is right on track - perhaps even by the end of this week.
 
watchlist Created with Sketch. Add CLE (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.