d-ricardo. i agree with your comments about asset sales most of the time, but in this downturn i beleive cash is king at the moment and a sale to reduce debt will be treated well.
the most recent sale of fintronics bringing in $14.7 odd million caused cus share price to jump from about 8.8c to 14.5c., in a better financial world then.
so while it may be priced in, when it happens, when the company gets stronger financially and safer i beleive it will help the s/p. [announcements mostly seem to alter share prices],
i am hoping anyway.
d-ricardo. i agree with your comments about asset sales most of...
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Last
1.7¢ |
Change
-0.002(10.5%) |
Mkt cap ! $2.425M | |||
| Open | High | Low | Value | Volume |
| 1.9¢ | 1.9¢ | 1.7¢ | $3.553K | 200.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 384018 | 1.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.9¢ | 359690 | 2 |
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| Last trade - 13.32pm 18/06/2025 (20 minute delay) ? |
| CUS (ASX) Chart |