Hi Mowibble
Will just make a few points
The decisions taken by this Board and management have been very disappointing , particularly with regard to the consolidation and US listing...just my personal opinion
Why does a microcap like CDX need a CEO and Executive Chairman?
''I mean really, if you were a broker with a 16c price target on a 7c share and there was an easy opportunity to push down on it so it goes to 4c, what are you going to do, fight the pressure, or exploit the opportunity?''
Firstly, broker reports are self serving rubbish and anybody whom places any reliance on them whatsoever deserves to lose money...They are written by people paid to give high valuations and to say good things about a company and are not worth the paper they are written on. So if you are trying to use them as a basis for saying the stock is undervalued, you really need to re-visit your methodology....I don't believe I have ever read one which is even remotely accurate
Like I said before, it's not the only tech stock being sold off ( and I will accept that as per of an explanation for it's poor performance) but valuations at 16c or whatever are thumb sucking drivel...it may be worth 1c and it may be worth $1
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Last
4.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $17.94M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 49999 | 3.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 4.2¢ | 60000 | 1 |
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| Last trade - 16.21pm 26/06/2025 (20 minute delay) ? |
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