I love these threads....I'm hold over a large chuck of CXO shares which is up considerable so don't go throwing knives....
But
theres 2 things that have changed in 12 months, revenue has started and a new CEO. Todays share price is lower then this time last year and now we generate revenue. If you think the share price is going to improve in July your wrong...it will go lower, we might have a spike but it will quickly drop again. its such easy money for the shorters....rinse and repeat.
I don't know a CEO who is worth their pinch of salt who would hold their head high walking out of head office each day at CXO with how the share price has performed and is performing. It certainly doesn't scream a successful run business that has very low debt and generating revenue.
We either have 2 problems, a CEO who doesn't know left from right or we have issues within the business that is causing a poor share price. Regardless it needs to be addressed and fixed ASAP.
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Open | High | Low | Value | Volume |
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18 | 696542 | 0.082 |
21 | 1061631 | 0.081 |
55 | 3669749 | 0.080 |
5 | 136961 | 0.079 |
Price($) | Vol. | No. |
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0.086 | 101499 | 3 |
0.087 | 15000 | 1 |
0.088 | 217382 | 3 |
0.089 | 101416 | 2 |
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