Agree with @Active, this is a real sleeper, just starting to wake up now.
For those new to CCG, here is a quick summary:
- Poor IPO, but right management in place now
- $1.5m EBITDA in the H1 (see Feb announcements)
- $1.5m NPAT in the H1 as well
- Guidance of $1.8m - $2.2m EBITDA for FY20, which always struck me a bit light on, especially after H1
- Reconfirmed guidance in April, while also confirming the following:
- Experienced an increase in revenue from several key customers in March
- Also received strong interest in their Unified Communications solutions, in particular Microsoft Teams
- Cash at bank of $1.6m and access to overdraft of $350k
Today's announcement is just getting things started as @dunjo points out. Key here is that it illustrates the amazing international reach CCG has already built, which must make it an appealing target.
Chart looks ready to go after building a nice base at 6 cents for over 18 months.
This is easily worth 20 cents.
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Last
6.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $23.09M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
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1 | 400000 | 5.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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6.0¢ | 25825 | 1 |
View Market Depth
No. | Vol. | Price($) |
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1 | 400000 | 0.055 |
2 | 600247 | 0.054 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
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0.060 | 25825 | 1 |
0.063 | 115685 | 1 |
0.064 | 166666 | 1 |
0.065 | 353189 | 3 |
0.078 | 112857 | 2 |
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