yes shorters have crucified the stock to their own ends (making $$$ is their only business). Just have to look at how many time there is a CXXT sale of a handful of shares (<100) at $0.0025 below any increase in SP. This is happening 100's of times per day atm.
V Nice historical musing and detail. I would have added to change in Senior Staff and the refocusing/maturing of the company product strategy as also being a positive to the SP. And the growing Patent portfolio.
Unlike the AfterPay comment (which had significant revenue) until there is a revenue stream even with all the positives noted I can't see how you get a valuation > $1.00 but would expect something in the $0.60- $0.80 range.
yes shorters have crucified the stock to their own ends (making...
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Last
22.0¢ |
Change
-0.005(2.22%) |
Mkt cap ! $408.3M | |||
| Open | High | Low | Value | Volume |
| 22.5¢ | 22.5¢ | 21.8¢ | $1.107M | 5.019M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 110458 | 22.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 22.5¢ | 355185 | 24 |
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| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| BRN (ASX) Chart |