CXZ connexion mobility ltd

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2.6¢

Ann: Quarterly Activities Report and Appendix 4C, page-8

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flammo

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21/01/21

13:49

Post #: 50341937
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Originally posted by heartshaped: ↑

I am personally more interested in the outcome of this:

"During the quarter, the Company undertook an extensive sourcing process to add external talent to the Board in the form of two Non-Executive Directors. The Company is very pleased with the high calibre of candidates and expects to update the market shortly in this regard. A strengthening of the Board and Management will see the Company better resourced to pursue growth. Naturally, the Company’s investment in this resourcing will impact the Company’s profitability in the near term as it pursues what is a material long-term growth opportunity. To date, the current Board has successfully demonstrated a disciplined approach to themanagement of Shareholder capital, and this will continue as the Company invests for growth."

So excluding cash in bank the market is pricing this company at 10mio EV which is frankly obscene. If i didn't hold so much i would be topping up now....

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Just on the note that you would top up right now if you didn't already have so much, have you read about the GM and Microsoft partnership yet? I'm not convinced that it's looking good for Connexion. I would like to get direction on this and have just cancelled another buy order on learning of it.

CXZ Price at posting: 1.5¢ Sentiment: Hold Disclosure: Held
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(20min delay)
Last 2.6¢		Change 0.000(0.00%)		Mkt cap ! $20.90M

Open	High	Low	Value	Volume
2.6¢	2.6¢	2.6¢	$12.10K	465.4K

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No.	Vol.	Price($)
2	433557	2.6¢

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Price($)	Vol.	No.
2.7¢	17771	1

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No.	Vol.	Price($)
8	2041340	0.025
7	4479433	0.024
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2	94890	0.021
2	75000	0.020

Price($)	Vol.	No.
0.027	17771	1
0.028	1464841	5
0.029	100000	1
0.030	355142	2
0.032	430000	2

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CXZ (ASX) Chart

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Ann: Quarterly Activities Report and Appendix 4C, page-8

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