So with $14.5m from FullBeauty for Avenue and $27.5m from capital raise that’s a $37m cash injection to a company valued by current market cap at $68.5m?
Orphic your AFR story says …”internal documents viewed by the Financial Review show that much of the $27.5 million being raised by the company will be used to repay its lender, National Australia Bank.
Another $13 million will be set aside as working capital”
From the last half yearly : https://hotcopper.com.au/documentdownload?id=uOMxKKzFkiWRTLKhOROKAxjvSDYL5g67zBb1v/R657FiGug=
![]()
And note 18:
![]()
I don’t follow closely but I have owned some ‘opportunistic’ shares since CCX big price crash (and traded them a bit) so my opinion is an essentially naive view based on relatively short term experience.
- From this space it seems like the company has been completely pared down in a fairly methodical manner since Blundy stepped in and that - if he not bought in to CCX , it might no longer exist.
As far as people expecting cheap fashion if that’s what they have had a taste of goes - well it worked for Cettire?
Can anyone who knows this company please tell me what’s left after Avenue is gone?
cheers
- Forums
- ASX - By Stock
- Ann: Trading Halt
So with $14.5m from FullBeauty for Avenue and $27.5m from...
-
- There are more pages in this discussion • 12 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add CCX (ASX) to my watchlist
|
|||||
Last
11.0¢ |
Change
-0.005(4.35%) |
Mkt cap ! $42.36M |
Open | High | Low | Value | Volume |
12.0¢ | 12.0¢ | 11.0¢ | $43.07K | 374.6K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
18 | 708286 | 11.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
11.5¢ | 100000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
18 | 708286 | 0.110 |
15 | 611241 | 0.105 |
21 | 557830 | 0.100 |
1 | 49950 | 0.099 |
2 | 60950 | 0.098 |
Price($) | Vol. | No. |
---|---|---|
0.115 | 100000 | 1 |
0.120 | 586587 | 7 |
0.125 | 578162 | 11 |
0.130 | 290848 | 9 |
0.135 | 121907 | 4 |
Last trade - 11.34am 26/07/2024 (20 minute delay) ? |
Featured News
CCX (ASX) Chart |