"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
$273.30 |
Change
-5.150(1.85%) |
Mkt cap ! $132.0B | |||
| Open | High | Low | Value | Volume |
| $275.10 | $275.24 | $272.37 | $199.1M | 726.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 200 | $273.10 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $273.34 | 12 | 1 |
View Market Depth
| Last trade - 16.10pm 26/04/2024 (20 minute delay) ? |
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Last
$273.21 |
Change
-5.150 ( 1.93 %) |
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| Open | High | Low | Volume | ||
| $275.24 | $275.24 | $272.38 | 30785 | ||
| Last updated 15.59pm 26/04/2024 ? | |||||
| CSL (ASX) Chart |