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CY5

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4.84%

5.9¢ cygnus metals limited

I share the pain, sold down 60% of my holding in the 20's and...

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Bigsky

630 Posts.

66

02/02/24

10:31

Post #: 72200038
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Originally posted by triage: ↑

Too true, malibu, so interesting it's chinese interesting. In my defence, at the time it seemed like a fun idea.

Very hard to be stoic or resilient at times like this, especially when others take the opportunity to remind of past disappointments. I've no idea when and where the bottom will be, and being stuck in junior specs is a scary place. But how ever you decide to play it, take care of yourselves.

So full disclosure, I sold out the last of my CY5, not totally because I hate the stock but more because I saw other stocks that I think offer more potential, sooner. As it so happens Cygnus put in a total shocker in January, being the worst performer of the 31 surviving Quebec focused lithium specs. And that is in a race where only one stock was positive for January.

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I share the pain, sold down 60% of my holding in the 20's and shifted the funds out of the Li sector. Kept the remainder in defiance of early warning signs on lithium price to avoid tanking the SP, to my cost. The SP reflects the market softness and the fact that at James Bay a 10Mt resource doesn't cut the mustard. We will see what comes when the drills happen at Auclair.

CY5 Price at posting: 7.2¢ Sentiment: Hold Disclosure: Held
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(20min delay)
Last 5.9¢		Change -0.003(4.84%)		Mkt cap ! $17.30M

Open	High	Low	Value	Volume
6.1¢	6.1¢	5.6¢	$24.72K	421.4K

Buyers (Bids)

No.	Vol.	Price($)
2	347777	5.5¢

Sellers (Offers)

Price($)	Vol.	No.
5.9¢	103332	3

View Market Depth

No.	Vol.	Price($)
2	347777	0.055
1	3000	0.053
2	30019	0.050
1	300000	0.030
0	0	0.000

Price($)	Vol.	No.
0.059	103332	3
0.060	129037	2
0.061	109000	1
0.069	5699	1
0.070	277946	1

Last trade - 16.10pm 05/06/2024 (20 minute delay)


Last 5.6¢			Change -0.003 ( 11.1 %)
Open	High		Low	Volume
6.1¢	6.1¢		5.6¢	124913
Last updated 15.16pm 05/06/2024 ?

CY5 (ASX) Chart

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