CXZ connexion mobility ltd

Total cash spent on the buy-back to date has only been approx....

  1. 53 Posts.
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    Total cash spent on the buy-back to date has only been approx. $167,000 so really no significant impact to their cash balance. I'm happy with the buy-back option as at least it puts a floor under the price. Management should really be buying shares on-market also to show confidence in the company.

    I do agree though that if they're not gaining traction with signing on additional OEM's or dealerships, then more cash should be used for product innovation (i.e. alternative revenue streams) or bolt-on acquisitions.

    I don't think the semi-conductor chip shortage is now enough of a reason for there to be what feels like stalled progress.

    Just my 2 cents worth or in CXZ case... 1 cent worth!
 
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(20min delay)
Last
2.5¢
Change
0.000(0.00%)
Mkt cap ! $20.27M
Open High Low Value Volume
2.6¢ 2.6¢ 2.5¢ $5.1K 200K

Buyers (Bids)

No. Vol. Price($)
9 4473309 2.5¢
 

Sellers (Offers)

Price($) Vol. No.
2.6¢ 674344 3
View Market Depth
Last trade - 16.10pm 18/06/2025 (20 minute delay) ?
CXZ (ASX) Chart
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