Indeed. The other similarity between CXZ and NZS is that for NZS we had to churn through old stale holders for a few days before the share price could really rocket. I bought NZS at 1c and predicted a 4c-8c share price target in a new thread (16/7/20) at the time. NZS has now hit 6 cents and I have taken very sizeable profits.
@Simo95 was there right from the very start of the NZS journey with me. He has also spotted another winner here. Some patience will be required, but CXZ will also be a multi-bagger from these levels. I have loaded up the truck at 2.6c and 2.7c.
Today was the highest volume day in the history of this stock. That should tell you something. 3c ($25M MC) is extremely undervalued for an ~$8M ARR business (>100% CAGR) with $3M NPAT, growing earnings at 500%+ YoY.
I'm willing to put my reputation out on a limb by predicting that 5c ($43M MC, [5x FY20 sales]) is incoming by the end of next week.
There is a very good chance that instos will also be circling all over this.
Watch and wait.
T.E.P.
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Last
2.8¢ |
Change
0.000(0.00%) |
Mkt cap ! $24.45M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 413100 | 2.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.9¢ | 700000 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 413100 | 0.028 |
2 | 326593 | 0.027 |
5 | 4216538 | 0.026 |
2 | 280000 | 0.025 |
2 | 238333 | 0.024 |
Price($) | Vol. | No. |
---|---|---|
0.029 | 700000 | 2 |
0.030 | 1193618 | 6 |
0.031 | 1084360 | 3 |
0.032 | 266930 | 2 |
0.033 | 454545 | 1 |
Last trade - 10.02am 05/09/2024 (20 minute delay) ? |
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