"That's hilarious!!
Take money out of a company with a proven track record and take an ENORMOUS punt on an almost non-existent speculative stock with similar debt to cash and a very high cash burn with an awful track record of capital raisings.
That's a wonderful idea."
Actually, @PL24682468z , that post by @alnby is not 100% accurate.
@alnby says that the stock you were so deftly cross-promoting has "similar debt to cash".
Not true; it's level of borrowings is more like 50% greater than its cash holdings.
Viewed another way, when considering CSL vs MSB, one of those companies has a non-trivial chance of going belly-up.
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Last
$299.75 |
Change
2.250(0.76%) |
Mkt cap ! $144.8B |
Open | High | Low | Value | Volume |
$297.75 | $300.00 | $297.02 | $194.7M | 656.7K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 601 | $299.61 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$299.80 | 2106 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 601 | 299.610 |
1 | 4 | 299.490 |
1 | 50 | 299.000 |
1 | 100 | 298.110 |
1 | 80 | 298.000 |
Price($) | Vol. | No. |
---|---|---|
300.000 | 4607 | 15 |
300.010 | 1850 | 2 |
300.020 | 1761 | 2 |
300.030 | 1750 | 1 |
300.040 | 1750 | 1 |
Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
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CSL (ASX) Chart |