After all the raises and bonuses and fees and unlisted options CLE has a fully diluted market cap of closer to 1.5 Billion Shares and 100 Million $$$ at 6c.
I think it's the poor out look for iron ore and the Tariffs the USA now has on imports ~ I still see an element of risk if they tried to retain the 25% & were to try raise their share of the capex.
Best case is the buy out by far. Vale will have all the control & may get hostile but I think there will be a brown paper bag involved with some within CLE who brokered this whole deal.
My guess is they hock it off quick smart potentially before phase 2 - maybe even before mid year so they can cash in on the mandate fees.
200/300 million maybe - 12-18c
Then they move on pockets loaded.
This won't go down very well here, but if the sky was so blue it wouldn't be in the red today,
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CLE
cyclone metals limited
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7.6¢

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Last
7.6¢ |
Change
0.005(7.04%) |
Mkt cap ! $78.20M |
Open | High | Low | Value | Volume |
7.4¢ | 8.1¢ | 7.3¢ | $603.3K | 7.988M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 9251 | 7.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
7.8¢ | 26342 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 191968 | 0.076 |
5 | 286933 | 0.075 |
2 | 240550 | 0.074 |
5 | 321260 | 0.073 |
5 | 411099 | 0.072 |
Price($) | Vol. | No. |
---|---|---|
0.079 | 370000 | 2 |
0.080 | 700000 | 5 |
0.081 | 156160 | 1 |
0.082 | 150000 | 2 |
0.084 | 400000 | 1 |
Last trade - 10.37am 28/07/2025 (20 minute delay) ? |
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CLE (ASX) Chart |
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