CCO 0.00% 1.0¢ the calmer co international limited

Breakout today, page-103

  1. 1,353 Posts.
    lightbulb Created with Sketch. 453
    They should wait for the quarterly before posting such comments.

    Eg. What has happened to expenses, how much cash is in the bank, quarters left of funding etc...

    Does this look like a profit downgrade, or warning to investors hidden in todays good news announcement?

    https://hotcopper.com.au/data/attachments/5905/5905935-e7804525b3217a875ed00b7c7363fa6f.jpg

    Simply put, key selling products are not in stock. Taki May is meant to be launched in Coles. This was meant to be on shelves early January.

    If its delayed till late Feb online - what about instore?

    Will this affect current sales for the Jan - March 24 period.

    Also, my recollection is that the convertible note was to get CCO through to a point where it could prove itself before tapping the market (again) and diluting shareholders (again).

    In light of the above, and also in light of CCO now showing all their cards with revenue uplift and a shareprice at .006 - .007c what price will a cap raise - just a hypothetical if required?

    I had these thoughts earlier today and didnt plan on posting.

    I dont check CCO anymore but old mate keeps showing up in the bottom right hand corner video ad all day.

    But after seeing the nasty comments from the posters above thought I would put in my 0.002 cents opinion.

    Until next time, or maybe never again. Good luck to all.

 
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