"That's hilarious!!
Take money out of a company with a proven track record and take an ENORMOUS punt on an almost non-existent speculative stock with similar debt to cash and a very high cash burn with an awful track record of capital raisings.
That's a wonderful idea."
Actually, @PL24682468z , that post by @alnby is not 100% accurate.
@alnby says that the stock you were so deftly cross-promoting has "similar debt to cash".
Not true; it's level of borrowings is more like 50% greater than its cash holdings.
Viewed another way, when considering CSL vs MSB, one of those companies has a non-trivial chance of going belly-up.
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Csl112, page-27
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Last
$279.92 |
Change
0.740(0.27%) |
Mkt cap ! $135.2B | |||
| Open | High | Low | Value | Volume |
| $278.87 | $280.30 | $278.20 | $122.2M | 436.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1763 | $279.87 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $279.99 | 400 | 1 |
View Market Depth
| Last trade - 16.10pm 13/05/2024 (20 minute delay) ? |
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Last
$279.87 |
Change
0.740 ( 0.03 %) |
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| Open | High | Low | Volume | ||
| $278.83 | $280.30 | $278.29 | 57662 | ||
| Last updated 15.59pm 13/05/2024 ? | |||||
| CSL (ASX) Chart |