This result is not unusual for a small cap raise. Sure it sucks, and the loyal holders always cry blue murder.
The value proposition of the company has not gone away. Every CR of my holdings issued below market eventually goes to the issue price. Expect it to hit 14c. The exception to this was another stock that blew up to a multibagger because of the credentials of the keystone investor. Eventually the price has drifted back to near that raise price. I do not see that happening with CXM because of the many positive factors discussed in this forum.
This result is not unusual for a small cap raise. Sure it sucks,...
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Last
5.4¢ |
Change
0.001(0.94%) |
Mkt cap ! $45.85M | |||
| Open | High | Low | Value | Volume |
| 5.3¢ | 5.4¢ | 5.3¢ | $24.72K | 466.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 173 | 5.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.4¢ | 108000 | 2 |
View Market Depth
| Last trade - 14.44pm 06/05/2024 (20 minute delay) ? |
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Last
5.3¢ |
Change
0.001 ( 0.00 %) |
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| Open | High | Low | Volume | ||
| 5.3¢ | 5.3¢ | 5.3¢ | 86622 | ||
| Last updated 12.40pm 06/05/2024 ? | |||||
| CXM (ASX) Chart |