CCO 0.00% 1.0¢ the calmer co international limited

Breakout today, page-129

  1. 1,356 Posts.
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    what you really need to watch for is dilution.

    back when the stock was trading at 25c, FIJ now CCO had a market cap of about $25mill

    Now at 0.005c the market cap is $5mill

    Comparing apples with apples - for CCO to achieve its market cap highs of $25mill the share price would only need to reach 2.5c

    Hypothetically, if CCO raise $2mill, the dilution then mean about1.5c per share will get back to that ‘high’ of $25mill.

    Meanwhile, the CCO team and a CEO who invested about $5k of his own money continue to get paid a salary for another 6 months.

    Until CCO can show free cashflow for at least two quarters, it’s debatable that an ‘investors’ hard earned money is best kept in a high interest bearing savings account
    Last edited by Stockholm: 07/02/24
 
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