Lots of Revenue levers, that have yet to be pulled.
This is another small cap tech stock that has succumbed to the forces of "shoot-first, ask-questions-later when interest rates rise" over the past 12 months, yet it has continued to grow in value.
It has all the hallmarks of a company for which infrastructure is being put in place to support a business that could ultimately be valued at several hundreds of millions of dollars, instead of today's mere bit more than $100m.
One observation I made while listening to the conference call the other day, was the CEO's apparent coyness on the progress/performance of Paul Camper.
But presumably that's because CHL has only owned that business for 5 minutes and Hales is hoping to under-promise and over-deliver in his usual understated manner.
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Lots of Revenue levers, that have yet to be pulled. This is...
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$1.25 |
Change
-0.020(1.57%) |
Mkt cap ! $89.37M | |||
| Open | High | Low | Value | Volume |
| $1.27 | $1.27 | $1.23 | $35.97K | 28.94K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 5778 | $1.20 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.25 | 472 | 1 |
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| CHL (ASX) Chart |