And that’s why you see most Companies today put so much effort into upselling or cross-selling. Every additional dollar you can get from your existing customers is so bloody valuable. Cinemas and Hotel operators know all about it. It’s pure leverage at work. In the Gold space where I got my first exposure to mining stocks, a 10% increase in the price of gold could easily double a Company’s profits in some cases. Here we have a c. 300% increase in the price of Cobalt!
Cobalt $75k, page-46
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Last
45.0¢ |
Change
-0.040(8.16%) |
Mkt cap ! $40.60M | |||
| Open | High | Low | Value | Volume |
| 47.0¢ | 51.5¢ | 45.0¢ | $11.31K | 23.00K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 849 | 45.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 50.5¢ | 19975 | 1 |
View Market Depth
| Last trade - 15.39pm 06/09/2024 (20 minute delay) ? |
| SRL (ASX) Chart |