I’m sure we all know we have not reached break even yet. But sales are increasing and we are getting closer. A fair chance we reach break even next quarter without taking into account the cost of the plant improvements. 250% increase in production capacity will help us accelerate into profitability for the December quarter. Rerate should occur over the next quarter.
I see the fact that we have not lost any ground since the announcement of the last CR a massive positive. Someone with deepish pockets is slowly but surely hoovering up the short sited profit takers. I’m pretty sure volume has increased a fair bit in the last month or two.
I’m sure we all know we have not reached break even yet. But...
-
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add CCO (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
0.8¢ |
Change
0.000(0.00%) |
Mkt cap ! $17.22M | |||
| Open | High | Low | Value | Volume |
| 0.8¢ | 0.8¢ | 0.8¢ | $3.469K | 433.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 20 | 8346362 | 0.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.8¢ | 2739550 | 7 |
View Market Depth
| Last trade - 10.41am 05/08/2024 (20 minute delay) ? |
| CCO (ASX) Chart |