I Just got some Feedback.
Broker did not get the feeling that Cap raise is on the cards. Company should be net cash by end of this CY.
NML has not reached out to them regarding Tandarra and possible disposal. Asked if they would be interested, they said it needs a lot of money pumped into it. Gina is still very much on the song sheet for 4 Eagles.
Asked if Henty is still considered core asset. They said it is and its starting to make some coin. If an offer was made to buy they would review considering the new focus is WA. Needs to be a compelling case.
He will go back and try and get a timeline of using the latent capacity in WA.
Broker felt CYL are trying to promote to get the word out they we are active and around.
Would consider an acquisition if it stacked up, including overseas
That's about all I can remember.
CYL Value v Current Market Cap, page-23
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Last
$2.90 |
Change
0.110(3.94%) |
Mkt cap ! $654.7M | |||
| Open | High | Low | Value | Volume |
| $2.75 | $2.94 | $2.72 | $2.647M | 918.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3000 | $2.89 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.90 | 96995 | 1 |
View Market Depth
| Last trade - 16.10pm 09/10/2024 (20 minute delay) ? |
| CYL (ASX) Chart |