Past performance is no indicator of future performance
Especially with a company in the growing phase of its journey. It's a fundamental rule in investing. Don't look at previous expenses. Look at where the current foundations can lead in the future.
If CRO was losing $2.1 million quarter on quarter without making new deals or expanding its horizon then sure I'd say its dead in the water.
However we have several deals that are in their first stages with the potential to provide real revenue in future. Along with with the DW this gap could close very fast if played right.
Imo . Not financial advice
Past performance is no indicator of future performanceEspecially...
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Last
1.0¢ |
Change
-0.001(5.00%) |
Mkt cap ! $43.24M | |||
| Open | High | Low | Value | Volume |
| 1.0¢ | 1.0¢ | 1.0¢ | $1.122K | 114.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 2689534 | 0.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.0¢ | 2488516 | 8 |
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| Last trade - 13.15pm 20/08/2024 (20 minute delay) ? |
| SPX (ASX) Chart |