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.
Ann: Notice of Annual General Meeting/Notice of Access/Proxy Form, page-2
Add CY5 (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
5.3¢ |
Change
-0.002(3.64%) |
Mkt cap ! $15.25M | |||
| Open | High | Low | Value | Volume |
| 5.2¢ | 5.3¢ | 5.2¢ | $1.31K | 25K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 25756 | 5.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.5¢ | 19999 | 1 |
View Market Depth
| Last trade - 12.13pm 14/06/2024 (20 minute delay) ? |
|
|||||
|
Last
5.2¢ |
Change
-0.002 ( 1.89 %) |
||||
| Open | High | Low | Volume | ||
| 5.2¢ | 5.2¢ | 5.2¢ | 1 | ||
| Last updated 10.02am 14/06/2024 ? | |||||
| CY5 (ASX) Chart |