CLE 0.00% 0.1¢ cyclone metals limited

takeover cost

  1. 2,499 Posts.
    Find it interesting now that the $250m Mr Ding paid for the 70% share of the tenement can buy the company outright. A $250m offer for cape lambert would mean $1 per share, or at least 60cps after also paying for the options.

    But too bad it probably won't happen because of the presence of several large investors on the CFE register (several individuals hold ~50% of the shares from memory)
 
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