Of course the incoming end of month report will advise us if the upwards momentum is warranted. My concern against jumping back in, (although we all would love 33 cents buy in) is the web numbers. Granted organic growth has risen, but the traffic numbers are way off what they were of course with the big spend up. So really we have very little clue on sales vs spend at this stage, and if the business is becoming profitable or chewing cash.
The high movement days are nothing new for this stock. Doesn't necessarily mean leaks. But who knows.
The reporting needs more honesty and less fluff this time. No more Branding BS I trust.
Wonder if Dean offloads more as he signalled he may.
It's been a nice bounce. Lots of stocks have done the same in same timeframe.
Good luck holders
CTT chart, page-710
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Last
$1.17 |
Change
0.065(5.88%) |
Mkt cap ! $446.0M | |||
| Open | High | Low | Value | Volume |
| $1.15 | $1.23 | $1.11 | $17.17M | 14.64M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 11146 | $1.16 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.17 | 51466 | 1 |
View Market Depth
| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| CTT (ASX) Chart |