CSX 4.05% 38.5¢ cleanspace holdings limited

Hi LevI listened to the call this morning and have reviewed the...

  1. 255 Posts.
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    Hi Lev

    I listened to the call this morning and have reviewed the report. I picked up some more shares this morning to get my average down. Not as much as I would have liked as the volumes have been minuscule. The story for this company hasn’t changed in my opinion. 5m cash burn a half is nothing at this EV and cash pile. The leadership is committed and understand the market well - albeit the winds aren’t blowing in a favourable direction at the moment.

    As said previously, the company benefited largely from the pandemic as a springboard into healthcare. The negative was this skewed expectation of continued revenue. That has now clearly unwound and we are back to the pre-pandemic story and growth from a new baseline with cash in the bank and a larger footprint for consumable spend and growing adoption in both healthcare and trade/industrial.

    I see no reason to abandon ship - far from it.
 
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Last
38.5¢
Change
0.015(4.05%)
Mkt cap ! $29.79M
Open High Low Value Volume
38.5¢ 38.5¢ 38.5¢ $158 410

Buyers (Bids)

No. Vol. Price($)
1 1237 38.5¢
 

Sellers (Offers)

Price($) Vol. No.
45.5¢ 8553 1
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Last trade - 13.20pm 26/07/2024 (20 minute delay) ?
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