The SPP's timing is probably nothing more than a strategy designed to protect any downside (ie poor results = less money raised/good results = more money raised). You can't blame management for implementing a pretty conservative capital raising strategy (particularly in the current market). Anyway CYL have a whole belt to explore - not just the HPPL JV ground!
Ann: Share purchase plan offer, page-9
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 (20min delay)
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Last
$2.62 |
Change
-0.070(2.60%) |
Mkt cap ! $598.3M | |||
| Open | High | Low | Value | Volume |
| $2.71 | $2.74 | $2.50 | $3.360M | 1.290M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 12552 | $2.59 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.64 | 9447 | 3 |
View Market Depth
| Last trade - 16.10pm 02/12/2024 (20 minute delay) ? |
| CYL (ASX) Chart |
