What I find interesting is the share price of this stock.
Take, for example, a gold or materials stock comparison.
The company pegs a patch of dirt.
It then packages a story.
The listing then goes into high octane promotion.
Shareholders jump on board with the expectations of making a killing, and then the first drill results. Not flash, but not to worry, the next set will produce the results. These are not flash, so the company says we will now redefine our exploration and next time hit the jackpot…..and so it goes on
Share price anywhere between 10c/20c.
No revenue, chewing up cash by the insiders having a free ride on the story and shareholders left with you guessed it
A patch of dirt.
Then we have CXZ
A contract in place with one of the largest companies in the world.
Technology that is proven and growing in its application plus the potential to be applied to numerous other global customers.
Last quarter revenue $1,690,589
Last quarter profit of $228,114
…..and the share price .017 cents.
Bloody crazy!
CXZ Price at posting:
1.7¢ Sentiment: Buy Disclosure: Held
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