CLE 0.00% 0.1¢ cyclone metals limited

mhl - cfe investment, page-3

  1. 18,189 Posts.
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    I had previously had MHL and sold out following massive share dilution with no benefit. I re-entered when CFE got involved, presently down around 50%. I guess CFE is also down around 50%. To fund the Trinidad buy will result in further massive dilution unless they can find a farm in patrner. They may end up not funding the deal and could lose the option. Maybe, just maybe, it could be a proposition for CFE to get a lions share of the action and turn it into another Sage triumph. This deal will have its complications but it has possibilities, remote ones in my view. On that basis I have MHL as a bottom drawer stock.
 
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