CXZ connexion mobility ltd

Russia has been a major supplier of one of the materials to...

  1. 12,901 Posts.
    lightbulb Created with Sketch. 1873
    Russia has been a major supplier of one of the materials to manufacture microchips.

    This is now another issue for the motor vehicle industry and CXZ.

    The other issue for CXZ is the cost/retaining technical people - they change positions like the wind (offer more and they are gone) CXZ does not have the firepower (cash) to pay for top range techno's

    So we have now got a company in limbo. An excellent contract with GM, but basically a revenue source to keep the company alive. The traditional car industry is now undergoing massive change.

    Maybe an opportune time to bite the bullet and do massive share consolidation/raise capital and find a new techno/or alternative business model.

    Just may CXZ has reached the end of the line in its current form and structure
 
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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¢ $24.80K 976K

Buyers (Bids)

No. Vol. Price($)
1 3075077 2.5¢
 

Sellers (Offers)

Price($) Vol. No.
2.6¢ 362002 4
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Last trade - 15.57pm 25/06/2025 (20 minute delay) ?
CXZ (ASX) Chart
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