CYM
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2.04% 5.0¢ cyprium metals limited

CYM has 564m shares. At 11c. To raise say 30-40% of that money...

  1. hightrax
    3,941 Posts.
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    03/03/23
    20:06
    Post #: 66594301
    CYM has 564m shares. At 11c. To raise say 30-40% of that money would require upwards of 20c a share. So, it would have to be way over 1 billion new shares and that is before borrowing. Massive dilution. Post raise CYM stock might be about 3-4 cents.
    I want CYM to come out of this mess soon, because I hold MLX which has quite a few options etc.
    CYM Price at posting: 11.0¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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5.0¢ 		Change
0.001(2.04%) 		Mkt cap ! $76.23M
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4.9¢ 5.2¢ 4.8¢ $98.72K 1.982M

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1 76924 5.0¢
 

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5.1¢ 626748 3
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