Its great that your posting your thoughts lately as very quiet on this thread.
Not much price action either .
C2 changed there debt to equity in the last extraordinary meeting.Not sure what scenarios this could present except i would assume they are confident and know what is happening in the background..
I think the problem with the lack of interest is that the market wants to see results. Talk is not going to cut it.
I personally want to see a announcement that the 8,000 units have been ticked of. The arrival of the first batch was 1-2 weeks late which is no big deal but there is a habit of missed timelines.
I think if they can get the 8,000 into manufacturing would give some certainty into the investment and give the market confidence they can execute.
I have seen many times a change in sentiment can rocket a share price upwards.CDX has one of those stories that could catch the markets imagination.
CDX Price at posting:
5.6¢ Sentiment: Buy Disclosure: Held
