CBL has an EV of approx. $31 mil and plenty of cash in the bank. Sales of circa $3 mil for y/e 30 June 2021.
They have world leading technology with big revenue upside that should increase year on year.
There are other listed tech stocks with no regulartory approvals, no USA medicare reimbursement approvals and years from any revenue with market caps in excess of a hundred million.
Acorn tthought it was a steal back in Feb when they were paing 81 cents.
The company is a bigger steal at these prices.
Plenty of FY end selling imo into a no news period. Looking forward to July.
Ann: Appendix 4C - Quarterly, page-23
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Last
4.3¢ |
Change
-0.002(4.44%) |
Mkt cap ! $8.569M | |||
| Open | High | Low | Value | Volume |
| 4.6¢ | 4.6¢ | 4.3¢ | $364 | 8.157K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 93567 | 4.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 4.8¢ | 44881 | 1 |
View Market Depth
| Last trade - 15.48pm 14/06/2024 (20 minute delay) ? |
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Last
4.3¢ |
Change
-0.002 ( 8.51 %) |
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| Open | High | Low | Volume | ||
| 4.3¢ | 4.3¢ | 4.3¢ | 10567 | ||
| Last updated 15.48pm 14/06/2024 ? | |||||
| CBL (ASX) Chart |