I was just looking at their annual reports today and what I said wasn't really opinion.. fact. The first 18 months had a combined $24m loss. They look to have burnt through the $7.5m cash in the bank at IPO and turned into just $360k at 30 June 2019. That was a massive cash burn for a business of this size in just 18 months. They were potentially going to fail. Thats why the CEO Ben Gilbert looks to have been given the boot and makes the turn around in the first half year all the more impressive. Fingers crossed the 2nd half is also profitable otherwise I'm going to dump.
Ann: CCG confirms permanent appointment of CEO, page-17
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Last
7.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $27.91M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 5000 | 7.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 7.5¢ | 3362 | 1 |
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| Last trade - 11.35am 15/11/2024 (20 minute delay) ? |
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