Would you be better off investing in BUBS?
forecast revenue $80mill
market cap $90 mill
gross margins 40%
reducing cash burn from $5mill month to $2mill month
a proven product and number 1 in its category
established footprint all over America and Australia
have put in writing the expect to be cashflow positive within 18 months
if I had $10k to invest I would be hard pressed to put it into CCO when there are so many other bargains on the ASX right now.
fyi I will never touch consumer staples again.
i just read the latest cap raise presentation and it reminded me of CCO given the category.
someone on here argued CCO was great value based on revenue - but after seeing BUB bI disagree given the options with way less risk.
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Last
0.8¢ |
Change
0.000(0.00%) |
Mkt cap ! $17.63M |
Open | High | Low | Value | Volume |
0.8¢ | 0.8¢ | 0.8¢ | $13.93K | 1.741M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
23 | 15854682 | 0.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.9¢ | 7144124 | 9 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
23 | 15854682 | 0.008 |
29 | 6728706 | 0.007 |
5 | 2433166 | 0.006 |
4 | 1522200 | 0.005 |
4 | 9386969 | 0.004 |
Price($) | Vol. | No. |
---|---|---|
0.009 | 7144124 | 9 |
0.010 | 6392778 | 12 |
0.011 | 9911320 | 12 |
0.012 | 8868237 | 7 |
0.013 | 8588820 | 7 |
Last trade - 13.41pm 18/11/2024 (20 minute delay) ? |
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CCO (ASX) Chart |