CLE 0.00% 0.1¢ cyclone metals limited

Panic Selling

  1. 2,657 Posts.
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    Are the people selling out of CFE at the moment just had enough of Iron Ore and is it panic selling?

    In the last 17 days the sellers have brought CFE down from 7 cents a share to 5.3 cents a share by selling a total of almost 20 million shares.

    That is that 25% of the value of the company has been lost by selling one third of a percent of the shares on issue.

    Bad times continue. Will it ever turn for the better?
 
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