CXZ 3.57% 2.7¢ connexion mobility ltd

Ann: Update - Notification of buy-back - CXZ, page-19

  1. 411 Posts.
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    If they are going to stick to the buy back they should at least be clearing the offer lines. Would love to know how many more shares they intend on buying.
    Admittedly as a bottom draw hold I haven't been following. They may have shared this somewhere. It would create more value for shareholders if they start buying up rather than sitting in the bid waiting for impatient people to dump. Quick calculation there is bit over 6.5 Million shares up to 3c. Surely raising the price up to 3c would get lots more attention from the wider market. Trading in this range is doing nothing for the holders and the benefits seem one sided. Fingers crossed mgmt are going to acquire some new customers, increase revenue and create some value for us all. Although at 3c I'll seriously be considering getting out. Love to hear people's thoughts as to an exit price. For me I got trapped at 3.2c in the big spike years ago thinking I was a trader. Lesson learned there. Don't trade. Haha. I just want my money back and I'll move on.
 
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Last
2.7¢
Change
-0.001(3.57%)
Mkt cap ! $23.67M
Open High Low Value Volume
2.7¢ 2.7¢ 2.7¢ $8.1K 300K

Buyers (Bids)

No. Vol. Price($)
8 6450184 2.7¢
 

Sellers (Offers)

Price($) Vol. No.
2.8¢ 1500000 1
View Market Depth
Last trade - 14.04pm 08/08/2024 (20 minute delay) ?
CXZ (ASX) Chart
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