If the company had actually 'over delivered' as you say, I wonder why the management team are selling ridiculous amounts of shares. Its a big hit on the confidence of holders when the CEO sells his entire holdings for $0.022. I'd be worried if I was a holder, like I am with one of my holdings that continuously issues performance rights.
I do hope that they turn this around as they had a good growth story pre-covid, but until then I think that there may be a bit more hurt for holders in the coming 6~9months. I've kept it on my radar for a while and was giving my perspective on the quarterly report from a devils advocate perspective. Good to see there is some backing on here that can comprehend the situation and are happy holding through the volatility.
Cheers and good luck.
CXZ Price at posting:
1.6¢ Sentiment: Hold Disclosure: Not Held
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