CY5 1.59% 6.4¢ cygnus metals limited

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

  1. 2,508 Posts.
    lightbulb Created with Sketch. 943
    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
 
watchlist Created with Sketch. Add CY5 (ASX) to my watchlist
(20min delay)
Last
6.4¢
Change
0.001(1.59%)
Mkt cap ! $23.44M
Open High Low Value Volume
6.2¢ 6.4¢ 6.1¢ $76.75K 1.237M

Buyers (Bids)

No. Vol. Price($)
1 6245 6.2¢
 

Sellers (Offers)

Price($) Vol. No.
6.4¢ 92383 1
View Market Depth
Last trade - 16.10pm 30/07/2024 (20 minute delay) ?
CY5 (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.