CLE 0.00% 0.1¢ cyclone metals limited

Wow timely on really??? I hold Cfe and it is a good company long...

  1. 255 Posts.
    Wow timely on really??? I hold Cfe and it is a good company long term but a little hint min has 168,220,000 shares on issue and Cfe had just under 600,000,000 so say min earns 80mil a year that's just under 50cents a share and that equates to $7.50 on a PE of 15 and if Cfe earns the same 80mil it works out to little over 10cents so at a PE of 15 you are looking at $1.50 a share do the math and have a look at the business that both companies run and they are nothing alike DYOR before you buy Cfe is still a good company but nothing like min
 
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