Even without a new major OEM contract, I think CXZ is in a strong position. The next handful of quarters will be highly profitable (and show strong % YoY increases) and CXZ's cash balance will grow with each quarter that passes. This has a direct link to the market cap of the company. As the cash balance grows, the enterprise value (EV) drops, making shares cheaper - or assuming multiples hold -> pushing the share price higher. It will also allow them to consider options such as a special dividend.
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
2.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $20.27M | |||
| Open | High | Low | Value | Volume |
| 2.5¢ | 2.5¢ | 2.5¢ | $4.199K | 167.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 4871010 | 2.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.6¢ | 741010 | 4 |
View Market Depth
| Last trade - 14.39pm 20/06/2025 (20 minute delay) ? |
| CXZ (ASX) Chart |