CY5
Click for more information
2.00% 4.9¢ cygnus metals limited

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

  1. red-frog
    2,505 Posts.
    lightbulb Created with Sketch. 940
    clock Created with Sketch.
    16/04/24
    17:04
    Post #: 73372169
    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
    CY5 Price at posting: 8.2¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch. 4  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

 

Featured News

NEWS From the Floor: Perth conference highlights
right-arrow Created with Sketch.
MYR Myer lobs proposed merger at major shareholder Premier Investments
right-arrow Created with Sketch.
HMD HeraMED delivers digital maternity care to select clinics with Telstra
right-arrow Created with Sketch.
BOT US FDA approves Botanix Pharma's excessive underarm sweat drug
right-arrow Created with Sketch.
FHE Frontier Energy achieves key milestone for Waroona energy project
right-arrow Created with Sketch.
NEWS Microcap Madness: 5 junior explorers with news out on Thursday 20 June
right-arrow Created with Sketch.
watchlist Created with Sketch. Add CY5 (ASX) to my watchlist
(20min delay)
Last
4.9¢ 		Change
-0.001(2.00%) 		Mkt cap ! $14.37M
Open High Low Value Volume
5.0¢ 5.0¢ 4.3¢ $61.45K 1.325M

Buyers (Bids)

No. Vol. Price($)
1 5000 4.5¢
 

Sellers (Offers)

Price($) Vol. No.
4.9¢ 17098 1
View Market Depth
Last trade - 16.10pm 24/06/2024 (20 minute delay) ?
CY5 (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.