Some solid deals come in recently so looks like the business is solid, if they can achieve the 1.8M cost reduction then profitability or cash flow neutral is just round the corner. Cash reserves very low at the moment so CR may be on the cards but overall I need to see one more quarter before I would be jumping in. Could be a big jump in SP if they can get some profits going but also at a delicate point in the business developement.
due diligence, page-6
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Last
0.7¢ |
Change
0.001(8.33%) |
Mkt cap ! $3.023M | |||
| Open | High | Low | Value | Volume |
| 0.6¢ | 0.7¢ | 0.6¢ | $7.861K | 1.259M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 4133333 | 0.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.7¢ | 1520827 | 5 |
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| Last trade - 15.56pm 14/08/2024 (20 minute delay) ? |
| CR9 (ASX) Chart |