RBC broker noted that it had $72m negative working capital to cycle through. its ok if sales continue to grow, but once it goes flat or negative then it unwinds very quickly:
Also the company has a lot to answer for:
Ann: Cettire Confirms China Launch, Provides FY24 Update, page-112
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Last
$1.58 |
Change
-0.070(4.24%) |
Mkt cap ! $602.3M | |||
| Open | High | Low | Value | Volume |
| $1.66 | $1.71 | $1.55 | $6.065M | 3.727M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 6369 | $1.57 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.58 | 51920 | 2 |
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| CTT (ASX) Chart |