Completely agree @Nccc, you are on the money. I will be buying one final parcel today on open because this is the last time we will see the share price at these levels. Buying at 3 cents for a PE of 7 is like taking the Rembrandt Night Watch painting for lunch money. Even at 6 cents, the PE is only 15 and that is on current numbers without even considering the growth potential. The ASX software average PE is 41x.
Get out the popcorn -- this will be at 5c by the end of the week.
T.E.P.
Earnings increasing & multiples expanding (Re-rate commencing), page-92
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Last
2.7¢ |
Change
-0.001(3.57%) |
Mkt cap ! $23.67M | |||
| Open | High | Low | Value | Volume |
| 2.9¢ | 2.9¢ | 2.7¢ | $7.703K | 284.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 6593766 | 2.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.8¢ | 399099 | 1 |
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| Last trade - 13.03pm 12/08/2024 (20 minute delay) ? |
| CXZ (ASX) Chart |