While we have some of the best financials for the business ever, the market sentiment is directly related to CN's abysmal track record of protecting SH's value, (with a 100% record of lower future CR's) their is a fair amount of hostility and nervousness there that can only be overturned with continued improvement in business performance.
However though I feel with only the financing facility (and a slow release on that one) and no other deals over the last 18+ months, IMO I'd suggest the market isn't seeing enough energy to grow the revenue faster enough to change the overall sentiment.
Stuck in 2nd gear.
Ann: Notification of cessation of securities - CL8, page-5
Add CL8 (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
1.8¢ |
Change
0.001(5.88%) |
Mkt cap ! $4.831M | |||
| Open | High | Low | Value | Volume |
| 1.8¢ | 1.8¢ | 1.8¢ | $180 | 10K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 81 | 1.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.8¢ | 1324568 | 3 |
View Market Depth
| Last trade - 16.10pm 27/05/2024 (20 minute delay) ? |
|
|||||
|
Last
1.8¢ |
Change
0.001 ( 5.88 %) |
||||
| Open | High | Low | Volume | ||
| 1.8¢ | 1.8¢ | 1.8¢ | 2054 | ||
| Last updated 12.17pm 27/05/2024 ? | |||||
| CL8 (ASX) Chart |