Any monkey would realise if they sell more than they produce the cash might increase.
Why dont you address my point regarding the C1 costs vs the realised price of their sales. They have a $7- margin so unless that improves the cash will decrease over the longer term. I think they need at least $30-40 margin to cover the other expenses on an ongoing basis.
I was happy to collect my gain on this one and moved on out of concern about the margins they are currently getting. I didnt state the share price was doomed. I actually indicated it is a reasonable price if it is a long term hold.
Short term, I personally think I can get them back a lot cheaper.
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Last
27.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $318.2M |
Open | High | Low | Value | Volume |
27.5¢ | 30.5¢ | 27.5¢ | $2.494M | 8.742M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 201433 | 27.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
28.5¢ | 20000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 201433 | 0.270 |
1 | 7400 | 0.265 |
1 | 5000 | 0.260 |
2 | 82300 | 0.255 |
14 | 333326 | 0.250 |
Price($) | Vol. | No. |
---|---|---|
0.285 | 20000 | 1 |
0.290 | 166124 | 2 |
0.295 | 244124 | 4 |
0.300 | 226218 | 9 |
0.305 | 235589 | 5 |
Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
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