Hallo all just wanted to say i am recently bought into this stock after watching it for a couple of years and trying to justify the timing. my investment thesis here is that the technology has a good fit for what the planet and organisations (gov and private) need, but there is a large amount of risk around having enough cash to get the critical mass for the business to get onto a firm footing. I personally have been in R&D and business leadership so understand both the technology and business risks they face. creating a brand and getting market support and confidence dont come over night. Covid has been a big set back for anything coal related but I have justified my timing based on the open up trade and rising energy demand. The usa green policies of gov should be a tail wind too. I would support maangements chosen priority of leveraging the companies strengths and proven technology/application to get best cash returns in short term to firm up balance sheet and demonstrate to investors the business model is working. What i am a little concerned about is how much the various other technologies under development are saping capital and energy of the organisation. I like the Hydrostore concept and would support that as a secondary focus because if technically and commercially viable would have a good type of customer. Food security and fertiliser use will be with us into the future.
in my portfolio i would regard this as a potenial rapid but bumpy growth stock that may also go under so i have limited exposure at this stage but if the next few months playout well, i am ready to add to the position.
on the issue of contributors challenging views and investment thesis is dont mind the diversity. it makes us think about our position.
- Forums
- ASX - By Stock
- CG1
- Ann: US$2 million order received for Activated Carbon Pellets
Ann: US$2 million order received for Activated Carbon Pellets, page-43
-
-
- There are more pages in this discussion • 12 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add CG1 (ASX) to my watchlist
(20min delay)
|
|||||
Last
7.1¢ |
Change
0.003(4.41%) |
Mkt cap ! $23.06M |
Open | High | Low | Value | Volume |
7.1¢ | 7.1¢ | 7.1¢ | $2.485K | 35K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 26384 | 7.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
8.2¢ | 22857 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 26384 | 0.071 |
1 | 120000 | 0.070 |
1 | 110239 | 0.062 |
1 | 110613 | 0.061 |
2 | 116683 | 0.060 |
Price($) | Vol. | No. |
---|---|---|
0.082 | 22857 | 1 |
0.090 | 10000 | 1 |
0.125 | 6000 | 1 |
0.130 | 63000 | 1 |
0.140 | 200000 | 1 |
Last trade - 15.19pm 28/06/2024 (20 minute delay) ? |
Featured News
CG1 (ASX) Chart |
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
SPONSORED BY The Market Online