it’s all about risk versus reward
there’ll be punters waiting for an announcement regarding finance before they buy. if the ann is crap then it would be seen as a good decision to wait. if the ann is good then there’s no rule that says the share price has to rise. how much of the impending finance ann is already priced in?
Ann: CYM AGM Presentation 2022, page-46
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Mkt cap ! $47.30M | |||
| Open | High | Low | Value | Volume |
| 3.2¢ | 3.2¢ | 2.9¢ | $40.51K | 1.307M |
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| No. | Vol. | Price($) |
|---|---|---|
| 1 | 109581 | 3.0¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 3.1¢ | 225022 | 1 |
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