"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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"That's hilarious!! Take money out of a company with a proven...
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Last
$288.79 |
Change
-0.140(0.05%) |
Mkt cap ! $139.8B | |||
| Open | High | Low | Value | Volume |
| $289.90 | $290.00 | $287.43 | $81.59M | 282.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1859 | $288.71 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $288.79 | 8 | 1 |
View Market Depth
| Last trade - 16.10pm 07/10/2024 (20 minute delay) ? |
| CSL (ASX) Chart |