Because market traction doesn't necessarily mean more cash in short term. For example, in the business I run I could increase my pipeline of opportunities 50% but I haven't closed them yet - especially as my business has a long sales cycle - same as OCC. I would consider that significant market traction, and I would expect that to translate in to much more business won down the track. Also "revenue" is a different thing to cashflow, the revenue might well be quite different to your numbers above. A 4C only reports cash in and out during a quarter, not the value of the sales closed during that period. In any case, this is a business in the process of becoming commercially viable, so I really only care that the cash is being spent wisely, plenty of focussed sales activity and big market potential (tick, tick and tick IMO).
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Last
35.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $74.31M |
Open | High | Low | Value | Volume |
36.0¢ | 36.5¢ | 35.5¢ | $65.26K | 181.6K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 56760 | 36.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
36.5¢ | 5000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 56760 | 0.360 |
2 | 51530 | 0.355 |
8 | 149716 | 0.350 |
4 | 89488 | 0.345 |
2 | 45000 | 0.340 |
Price($) | Vol. | No. |
---|---|---|
0.370 | 41312 | 3 |
0.375 | 32756 | 2 |
0.380 | 7845 | 3 |
0.385 | 54712 | 1 |
0.390 | 21502 | 4 |
Last trade - 15.04pm 28/06/2024 (20 minute delay) ? |
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