Looking good in my resource portfolio after buying the 60c break - where I did a fair bit of the heavy lifting. Other gold stocks a getting a good whacking and CYL appear to be immune at this stage, with KCN (sorry off topic and x promotion).
News coming? Plenty. These guys are very active (compared to most exploration plays) and have great backing (Gina Rinehart and SBM) so they can keep turning the drill constantly for quick resource conversion.
Considering only ~60m on issue, dilution through CR are minimal at current prices and they appear to only raise what they need for their next scheduled program - this will keep the register tight for the foreseeable future - I like that because the lack of liquidity keeps the day traders away...onwards and upwards!!!
Looking good in my resource portfolio after buying the 60c break...
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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 |
