Too me, they sold too early. CYL traded as high as 2.22 on the day.
To sell a great performing stock in a strong uptrend, in a macro bull market for GOLD, and the collapse of debt valuations of so called "safe" assets is LUDICROUS. Fiat dollars getting devalued everyday, lol.
Just shows that the board are living up to their potential of what they are known for.
Sure the price needs to pause and consolidate; CYL has run hard from the W bottom (see chart below). But this is such a rookie trading mistake: sell your winner. And they didn't need the cash now.
Ann: Sale of Catalyst shareholding nets proceeds of A$25.2M, page-2
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 (20min delay)
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Last
30.0¢ |
Change
-0.005(1.64%) |
Mkt cap ! $324.8M | |||
| Open | High | Low | Value | Volume |
| 31.0¢ | 31.5¢ | 30.0¢ | $1.090M | 3.573M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 454995 | 30.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 30.5¢ | 109231 | 2 |
View Market Depth
| Last trade - 16.10pm 25/07/2025 (20 minute delay) ? |
| SBM (ASX) Chart |