And the issue for me is elephant sitting in the corner- Liquidity!
we have a share float of Approx 220 million, and top 20 own probably 60 -70%. We are basically a private company. Our float needs to be 3 times this amount.
Do a share Split ! As I have said many times
We are being sold off like a speculative stock so lets bring in the speculative gold buyers. They don't care about MC, they are looking at % returns. A share split will drop the price without affecting our MC.....It definitely can't do any harm IMO, given the performance. All IMO
Ann: Quarterly activities report, page-90
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Last
$2.88 |
Change
0.040(1.41%) |
Mkt cap ! $654.7M | |||
| Open | High | Low | Value | Volume |
| $2.85 | $2.94 | $2.84 | $2.405M | 833.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 20 | 6713 | $2.87 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.89 | 9224 | 9 |
View Market Depth
| Last trade - 14.43pm 03/10/2024 (20 minute delay) ? |
| CYL (ASX) Chart |