Finally had a chance to read the quarterly update... I have to say, I am very impressed. It's much much better than I expected.
CL8 is one if the most undervalued stocks on the ASX at the moment. I'm very surprised this isnt sitting at closer to 10cents, just based on fundamentals and potential alone. If it was a start up with no revenue, the stock would be much higher.
My guess is that its because Drive My Car didnt have much success when it started a few years ago... but times have changed a lot, and the sharing economy is far far more widely accepted and growing faster than just about any industry.
I would be surprised if this stock doesnt quickly trace to .05 in the next week or so.
Finally had a chance to read the quarterly update... I have to...
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Last
1.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $3.488M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 60000 | 1.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.2¢ | 15454 | 1 |
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| Last trade - 16.12pm 13/09/2024 (20 minute delay) ? |
| CL8 (ASX) Chart |
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