but if positive news flow, what are your predicted resistance levels?
and just FYI, a company expanding their product range and global reach into Europe costs $$$. That rate of cash burn/income ratio isn't the norm as you're making it out to be in your calcs.
Also once fully diluted, the company should have $10 mill + in the bank... more than enough capital to last a few years without any further raises.
CPV Chart Thread, page-153
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Last
57.0¢ |
Change
0.025(4.59%) |
Mkt cap ! $138.3M | |||
| Open | High | Low | Value | Volume |
| 55.0¢ | 58.0¢ | 54.0¢ | $355.5K | 640.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 51112 | 55.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 57.0¢ | 30249 | 2 |
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| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| CPV (ASX) Chart |