good luck in ur red ocean lolcompanies should pursue blue...

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14/05/21

14:28

Post #: 53181122
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Originally posted by dunnomuch: ↑

it’s important to have competition in a market, it’s one of the signs that there is in fact a market worth pursuing. Having more competition doesn’t make for lesser results, the olympics is highly competitive and it manages to produce better results each time. Competition being fierce etc is the sign that the target is worth the effort.

If the company is generating cash flow in excess of costs then it is competing well. If results take a while to flow through to the share price then that’s pretty normal too. Given what is happening in the connectivity side of Electric Vehicles there is every reason to believe that an existing profitable company will be able to capitalise on some opportunities.

This company was over hyped on HC last year and there are bound to be more disappointed investors than happy ones, even more so when you look at the price a few years ago. That doesn’t mean a business cannot pivot and redirect its energy into a different market. That’s the sign of good management.

CXZ is very risky and the market acknowledges that with a low market cap. As an investor you need to look at what other possibilities might exist for this business. Start investigating what is happening with the connectivity... it’s a MASSIVE opportunity and this is one of the few publicly listed opportunities for most investors here in Australia. The Venture Capital world is starting to move very rapidly into this market. It’s a big market which therefore has lots of competition because the size of the prize is worth the effort.

good luck with your investments

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good luck in ur red ocean lol
companies should pursue blue oceans
read what u wrote it's cringe as heck lol

CXZ Price at posting: 1.5¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 2.9¢		Change 0.000(0.00%)		Mkt cap ! $26.10M

Open	High	Low	Value	Volume
2.9¢	2.9¢	2.9¢	$1.609K	55.47K

Buyers (Bids)

No.	Vol.	Price($)
7	1223527	2.7¢

Sellers (Offers)

Price($)	Vol.	No.
3.0¢	601811	2

View Market Depth

No.	Vol.	Price($)
7	1223527	0.027
7	1729967	0.026
1	20000	0.025
4	320875	0.024
2	2750000	0.023

Price($)	Vol.	No.
0.030	601811	2
0.031	379117	3
0.032	499200	1
0.033	433500	2
0.034	501888	2

Last trade - 15.58pm 02/05/2024 (20 minute delay)


Last 2.9¢		Change 0.000 ( 3.57 %)
Open	High	Low	Volume
2.9¢	2.9¢	2.9¢	149556
Last updated 15.58pm 02/05/2024 ?

CXZ (ASX) Chart

good luck in ur red ocean lolcompanies should pursue blue...

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