They either need to grow quickly (to eventually be profitable) or wind up operations completely.
No point treading water at a (smaller) loss as eventually raising capital to stay afloat won't be possible.
I'd anticipate the acquisition will be a complete change of direction.
They either need to grow quickly (to eventually be profitable)...
Add CF1 (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
2.0¢ |
Change
0.001(5.26%) |
Mkt cap ! $11.35M | |||
| Open | High | Low | Value | Volume |
| 1.9¢ | 2.1¢ | 1.9¢ | $4.022K | 204.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1000000 | 1.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.0¢ | 429531 | 1 |
View Market Depth
| Last trade - 14.07pm 20/06/2024 (20 minute delay) ? |
| CF1 (ASX) Chart |