Orion, I get the frustration, CCOs news is strong (H1 FY25 revenue $4.36M, +206% YoY, 70% e-commerce, Navua 2.5x scale-up by April, per Appendix 4D).
Andy Burgers hire as Head of Global E-Commerce adds weight, his 19+ years at Amazon and specific roles should help the U.S. launch in April.
But 0.6c with no buyers isnt "stupid traders" CCOs got a $2.35M loss, $2.69M cash burn, and a going concern warning (31 Dec 2024 report). Market’s cautious, not clueless. LRVs rebound (0.15c to 0.85c) is a nice story, but CCOs not there-losses and $31.75M accumulated deficit say its a gamble.
Coles (500+ stores) and Amazon (44% USA demand growth) are solid, but "take everything" is a stretch-Walmarts not even a partner, and $4.36M revenue won’t flood them. Navua’s upgrade might help, but its not done.
You're right on rising prices-I saw a 50%+ hike on FijiKavas instant powder. They told me (27 Feb 2025) raw kava costs rose 60% due to demand, so they adjusted after absorbing it for months. Offered me legacy pricing till June, which is nice, but margins (52% gross) might squeeze if customers push back. Growths real, but risks are too. Thoughts?
Harsh truth: The market doesnt care about announcements, proof of execution is what counts. All this hype is just a gamblers dream until CCO shows results, not promises.
No offence to anyone with me using the term "gamblers dream" i would like to believe its more like an educated bet per se.
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Last
0.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $9.034M |
Open | High | Low | Value | Volume |
0.3¢ | 0.3¢ | 0.3¢ | $30K | 10M |
Buyers (Bids)
No. | Vol. | Price($) |
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24 | 17512020 | 0.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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0.4¢ | 25211621 | 24 |
View Market Depth
No. | Vol. | Price($) |
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24 | 17512020 | 0.003 |
45 | 64223102 | 0.002 |
13 | 70838488 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
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0.004 | 25211621 | 24 |
0.005 | 17637485 | 22 |
0.006 | 12587378 | 8 |
0.007 | 974219 | 3 |
0.008 | 675833 | 3 |
Last trade - 14.32pm 29/07/2025 (20 minute delay) ? |
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