CG1 0.00% 6.8¢ carbonxt group limited

Hallo all just wanted to say i am recently bought into this...

  1. 271 Posts.
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    Hallo all just wanted to say i am recently bought into this stock after watching it for a couple of years and trying to justify the timing. my investment thesis here is that the technology has a good fit for what the planet and organisations (gov and private) need, but there is a large amount of risk around having enough cash to get the critical mass for the business to get onto a firm footing. I personally have been in R&D and business leadership so understand both the technology and business risks they face. creating a brand and getting market support and confidence dont come over night. Covid has been a big set back for anything coal related but I have justified my timing based on the open up trade and rising energy demand. The usa green policies of gov should be a tail wind too. I would support maangements chosen priority of leveraging the companies strengths and proven technology/application to get best cash returns in short term to firm up balance sheet and demonstrate to investors the business model is working. What i am a little concerned about is how much the various other technologies under development are saping capital and energy of the organisation. I like the Hydrostore concept and would support that as a secondary focus because if technically and commercially viable would have a good type of customer. Food security and fertiliser use will be with us into the future.

    in my portfolio i would regard this as a potenial rapid but bumpy growth stock that may also go under so i have limited exposure at this stage but if the next few months playout well, i am ready to add to the position.

    on the issue of contributors challenging views and investment thesis is dont mind the diversity. it makes us think about our position.
 
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6.8¢ 6.8¢ 6.8¢ $6.267K 92.15K

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2 61388 6.8¢
 

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8.2¢ 22857 1
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Last trade - 13.35pm 27/06/2024 (20 minute delay) ?
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