Just a bit of banter - that's what most of this forum is all about...
But I was impressed with the performance today, there is good underlying demand at this level - I'll give you that.
In all seriousness, this is my view:
- I'm super bullish on the sector
- I really like the company & their targeted industries as they're ripe for this type of disruption
However I'm uncomfortable with their current level of cash burn relative to cash reserves & that the Investor presso was broadcast to the Perth investors 1 full trading day before release on their website sits uneasy with me.
Note they still haven't released that updated presentation to the ASX - I'm extremely curious as to why... (No innuendo here, just genuine curiosity)
I've got a foot in both camps with a bullish Macro view & a bearish Micro view.
CR8 FA thread, page-217
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Last
0.8¢ |
Change
0.001(14.3%) |
Mkt cap ! $10.14M | |||
| Open | High | Low | Value | Volume |
| 0.7¢ | 0.8¢ | 0.7¢ | $14.09K | 1.854M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 13715498 | 0.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.8¢ | 6651572 | 11 |
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| Last trade - 10.29am 13/11/2024 (20 minute delay) ? |
| ODE (ASX) Chart |