This was somewhat my original understanding as well.
The information Barry provides for financing does not need to meet ASX announcement requirements. It's a quicker and a cheaper process. Whilst the share price may suffer short term as a result of this - long term - it hardly makes any difference.
However, according to Seaman91's earlier post, the "Restart Study should be final before the finance announcement". And by the sounds of it, that's likely not too far away. My guess is within 2 months. Worse case - I don't expect this to take much longer than early Q1 2022.
Finance should make CYM realise some of its true value.
This was somewhat my original understanding as well. The...
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Last
3.7¢ |
Change
-0.001(2.63%) |
Mkt cap ! $56.46M | |||
| Open | High | Low | Value | Volume |
| 3.6¢ | 3.9¢ | 3.6¢ | $51.12K | 1.375M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 635818 | 3.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.8¢ | 165316 | 2 |
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| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| CYM (ASX) Chart |