"What makes CCE even worth the current $30 mill market cap?"
I know you know the answer but iIn CCE's case it isn't a fundamental valuation, its simply [15billion shares on issue * share price]. Its a joke to suggest CCE is somehow woth $30m or $45M
- At $0.001 it's market cap is $15M (totally unjustified)
- At $0.002 it's market cap is magically $30M...
Once they do a share consolidation and let the share price have some granularity we'll see what capital value the market actually gives it!
If they had a single shred of factual evidence about a) their actual PRODUCT, what it costs, sells for, opex etc and b) a CUSTOMER or ORDER for their PRODUCT at least the the market would have something to go by.
That said, Fievez has been there 10+ years and has never published anything concrete, factual, certified etc - he literally has no idea what a for-profit organisation looks like (neither does Stinson for that matter).
"What makes CCE even worth the current $30 mill market cap?"I...
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Last
4.3¢ |
Change
0.002(4.88%) |
Mkt cap ! $13.45M | |||
| Open | High | Low | Value | Volume |
| 4.1¢ | 4.3¢ | 4.1¢ | $3.209K | 75.98K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 816098 | 4.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 4.3¢ | 491146 | 4 |
View Market Depth
| Last trade - 15.44pm 06/06/2024 (20 minute delay) ? |
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Last
4.3¢ |
Change
0.002 ( 4.88 %) |
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| Open | High | Low | Volume | ||
| 4.3¢ | 4.3¢ | 4.3¢ | 23280 | ||
| Last updated 15.44pm 06/06/2024 ? | |||||
| CCE (ASX) Chart |