So according to the website there’s just the City Chic brand...

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sabine

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20/06/24

10:20

Post #: 74404166
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Originally posted by sabine ↑

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=

View attachment 6261860

And note 18:
View attachment 6261862

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

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So according to the website there’s just the City Chic brand left..

CCX Price at posting: 30.0¢ Sentiment: None Disclosure: Held
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(20min delay)
Last 13.5¢		Change 0.000(0.00%)		Mkt cap ! $51.99M

Open	High	Low	Value	Volume
13.5¢	14.0¢	13.3¢	$119.1K	882.5K

Buyers (Bids)

No.	Vol.	Price($)
1	10675	13.5¢

Sellers (Offers)

Price($)	Vol.	No.
14.0¢	530000	18

View Market Depth

No.	Vol.	Price($)
1	10675	0.135
10	483984	0.130
11	553973	0.125
7	720375	0.120
4	595926	0.115

Price($)	Vol.	No.
0.140	530000	18
0.145	365518	9
0.150	579194	10
0.155	110000	2
0.160	77500	2

Last trade - 16.10pm 05/11/2024 (20 minute delay)

CCX (ASX) Chart

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