CCM 0.00% 6.3¢ cadoux limited

Ann: Investor Presentation - Brisbane Mining Conference, page-167

  1. 6,660 Posts.
    lightbulb Created with Sketch. 2490
    If you type into Linkedin "FYI resources", you will see the page says they have "2 employees".
    https://au.linkedin.com/company/fyi-resources-limited

    In the updates on that page from 1 month ago and going back 12 months, FYI is always listed as having 1-10 employees.

    Now over the past 18 months, FYI has had a market cap in the range $100m-$300m, so the question I am asking myself is - how can a company of this size have had such a tiny workforce ? A $300m company with few than 10 staff ? I don't get it.

    Prior to mid 2020, their MC would have been around $20m, so 1-10 employees might have been reasonable. But it looks like the company just didn't grow it employees as the MC soared.

    All IMHO, DYOR

 
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