I know that the ASX micro cap markets have been a bit tough over the past month or so, but I cannot believe I managed to pick up another 43,000 odd CCA shares today at 11.5 cents.
Especially after such a solid quarterly - with nett operating cash inflows of over $600,000 for the quarter.
This business operates in an expanding industry, the AUS / NZ wirecard acquisition process appears to be going well, and the tech appears to be very well regarded.
With a EV / Sales ratio of under 4, and a market cap of around $45m, IMO this is significantly undervalued.
CCA Price at posting:
11.5¢ Sentiment: Buy Disclosure: Held
