CLE 0.00% 0.1¢ cyclone metals limited

marampa plans 2, page-9

  1. 732 Posts.
    I think the market (big holders of CFE) are really looking for an excuse to sell. I mean when the US markets go down, CFE goes down but when the US markets go up, CFE seems to trade flat or slightly down.

    Until there is some definitive news regarding Marampa, (trade sale or IPO broker/plans announced) or positive MCC court case outcome CFE is going nowhere fast. Or actually drifting down towards 45 cents again.

    I calculated that in the latest run up in the price to 62 cents JP Morgan Asset Management UK were the buyer of no less than 25% of all shares traded. That is just telling me that the big boys control the price at the end of the day not the shareholders who post on here...

    Or are the current CFE shareholders too impatient for results? Is CFE a $300M company or a $200M or $600M company?? Only time will tell.
 
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