CY5 1.49% 6.8¢ cygnus metals limited

Here's the problem. Too many mates drawing from the company....

  1. 2,517 Posts.
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    Here's the problem. Too many mates drawing from the company. $13m cash at the end of Sept and now around $6m in the bank. What value have shareholders gained for the $7m of expenditure?

    Taking advantage of a beaten down sp isn't helping shareholders. Cutting the deadwood is much more effective and immediate.
    https://hotcopper.com.au/data/attachments/6105/6105972-510468a11d735e96c55db7aad591d2ef.jpg
 
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