Exactly, chart looks good and 80%+ gains from the .16 low to the high recently. Sadly it's not a buy'n hold stock, yet, but savvy traders will be making a killing on these moves.
Since CL8 introduced the word 'profitable' into their rhetoric, forsaking funding growth ad infinitum, there is no way the SP is going skyward until profit is realised.
It's a double edged sword, the high growth company that either reinvests earnings into growth versus retaining earnings for profit. Hard to tell how the shareholders and market will react, but this company set their die on attaining profitability.
Now they have to achieve it. Then the fireworks should happen.
CL8 Price at posting:
2.6¢ Sentiment: None Disclosure: Not Held
