CTQ
First research report issued on CTQ.Interesting read. The important thing is they are moving towards revenue neutral. They quote here end of 23 year. I assume they mean financial. However even if takes longer is only relevant as to cashflow and any future capital raisings. The way the MD buys the stock I assume they feel they'll escape another raise.
I think CTQ listed too early but they now seem to be getting into their stride and the USA is a huge market for them. This will be a slow but steady operation. Experienced Board ans product mix improving all the time as is their variety of target markets.
This group put a TP of 22c on them. Considering their cap that's not huge but like all these companies it is all in the numbers.
Report attached.
CTQ-Report-Final3.pdf
CTQ-1st research report
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1.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $3.083M | |||
| Open | High | Low | Value | Volume |
| 1.3¢ | 1.3¢ | 1.3¢ | $6.999K | 538.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 302072 | 1.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.3¢ | 1227636 | 1 |
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