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0.00% 0.1¢ cyclone metals limited

why no announcement, page-4

  1. Blythefan
    4,447 Posts.
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    01/10/08
    10:46
    Post #: 4331491
    zzzzz1, why would they wait for option holders to convert? If they declare a 20c dividend (whatever) per share, the least number of shares (FPO's) on issue, the cheaper the cost of their capital return scheme.

    Waiting for idiots to convert options would cost the company more.
    CFE Price at posting: 18.1¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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