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.
Here's the problem. Too many mates drawing from the company....
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Last
9.7¢ |
Change
-0.003(3.00%) |
Mkt cap ! $82.55M | |||
| Open | High | Low | Value | Volume |
| 10.0¢ | 10.3¢ | 9.7¢ | $169.0K | 1.690M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 105667 | 9.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 10.5¢ | 145128 | 3 |
View Market Depth
| Last trade - 16.10pm 13/06/2025 (20 minute delay) ? |
| CY5 (ASX) Chart |