CLE 0.00% 0.1¢ cyclone metals limited

sale of lady annie, page-3

  1. 5,336 Posts.
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    that announcement by the purchaser surely has to be seen as reducing the risk of the deal not going through, which would be inference raise the probability of the 8-10c divi being paid substantially. The fact that this in turn is not seeing a strong sp rise is quite puzzling, one wonders if there is something we are missing or whether it is the 'big boys' that are factoring in some risk that is not readily apparent.

    at current price it is looking approx 20% div return which is an astounding rate

    watching with interest...
 
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