but if positive news flow, what are your predicted resistance levels?
and just FYI, a company expanding their product range and global reach into Europe costs $$$. That rate of cash burn/income ratio isn't the norm as you're making it out to be in your calcs.
Also once fully diluted, the company should have $10 mill + in the bank... more than enough capital to last a few years without any further raises.
CPV Chart Thread, page-153
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Last
53.5¢ |
Change
-0.035(6.14%) |
Mkt cap ! $133.4M | |||
| Open | High | Low | Value | Volume |
| 55.5¢ | 56.5¢ | 53.5¢ | $235.2K | 426.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 79042 | 53.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 54.5¢ | 2000 | 1 |
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| Last trade - 14.00pm 15/07/2024 (20 minute delay) ? |
| CPV (ASX) Chart |