I agree with some of what you're saying. Building up the balance sheet is important, trade payables stand out!
I think what is really promising with this 'start-up/young' company is the gross profit margin that they're making on revenue. It suggests that with some scale and continued product development CCP could become something great.
Don't forget that they raised ~550k+ in July. Seem to be managing the cashflow pretty well.
I agree with some of what you're saying. Building up the balance...
Add CT1 (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
0.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $2.949M | |||
| Open | High | Low | Value | Volume |
| 0.2¢ | 0.2¢ | 0.2¢ | $4K | 2M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 27 | 24039998 | 0.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.3¢ | 18736238 | 5 |
View Market Depth
| Last trade - 13.50pm 30/05/2024 (20 minute delay) ? |
|
|||||
|
Last
0.2¢ |
Change
0.000 ( 33.3 %) |
||||
| Open | High | Low | Volume | ||
| 0.2¢ | 0.2¢ | 0.2¢ | 10000 | ||
| Last updated 15.31pm 30/05/2024 ? | |||||
| CT1 (ASX) Chart |