gixxerboy, fully agree
CM8 has $19m of debt at nearly triple market interest rates and a market cap of $34m
In this market many banks are getting crunched with bad debts and earnings downgrades and lending has tightened up
The new and recent apps in the Q and A business model ( highly speculative ) will take significant time to establish any revenues let alone profits especially when CM8 will receive around $2.50 a question
This is my opinion only not Advice
DYOR
Breakout begins..at 23c, page-252
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Last
1.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $15.90M | |||
| Open | High | Low | Value | Volume |
| 1.3¢ | 1.3¢ | 1.3¢ | $3.822K | 294K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 4378333 | 1.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.4¢ | 2663574 | 8 |
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| Last trade - 14.13pm 12/07/2024 (20 minute delay) ? |
| UNT (ASX) Chart |