CLE 0.00% 0.1¢ cyclone metals limited

trading halt???, page-13

  1. 16 Posts.
    It is stated in the latest annoucement that CFE stands to make 209% profit. Inferring from this figure, CFE must have apportioned $23.36m cost to AKI (after the on market purchases + DMC spin off). So out of $72.2m, $23.36m is cost, and $48.8m is profit- I may be wrong.

    47.5c is what the market values CFE before the AKI announcement. CFE is certainly worth more, but I am just trying to justify how much SP can go up because of this announcement.
 
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