What I’m saying many asx stocks make comebacks from near death situations, GCY also had multiple Capital raises and was on the verge of bankruptcy but now 1 year later it has a market cap of $500 million. I can see CAI replicating this, this March quarter will gives a good indication, my money is it will show a major reversal in its cash flow. By year end it will be very well placed financially to address its debt situation and its share price will be a multiple of what is now. Time will tell.
What I’m saying many asx stocks make comebacks from near death...
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Last
12.5¢ |
Change
-0.010(7.41%) |
Mkt cap ! $95.16M | |||
| Open | High | Low | Value | Volume |
| 13.5¢ | 13.5¢ | 12.5¢ | $145.5K | 1.121M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 550752 | 12.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 13.0¢ | 277416 | 4 |
View Market Depth
| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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Last
12.8¢ |
Change
-0.010 ( 3.77 %) |
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| Open | High | Low | Volume | ||
| 13.0¢ | 13.0¢ | 12.5¢ | 960726 | ||
| Last updated 15.18pm 03/05/2024 ? | |||||
| CAI (ASX) Chart |