staff costs alone are 10X their customer reciepts.
staff costs are normal in any business. ???
I suspect the cash burn will only grow as they attempt to expand. Top sales staff and executives cost mullah.
This is very normal for a start up that is trying to expand.
Anyway - supposing positive news flows and people price in a global green technology solutions provider... (Which imho is multiple years away circa 2024/5)
first resistance is at 50cents
2nd at about 59 cents.
then there's an obvious one at the 50day around 64 currently.
CPV Chart Thread, page-154
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Last
55.3¢ |
Change
-0.018(3.07%) |
Mkt cap ! $135.8M | |||
| Open | High | Low | Value | Volume |
| 55.5¢ | 56.5¢ | 54.5¢ | $175.3K | 316.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2671 | 54.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 56.0¢ | 52725 | 4 |
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| Last trade - 11.14am 15/07/2024 (20 minute delay) ? |
| CPV (ASX) Chart |