CXZ - What does the future hold?, page-2

First 2 Last

Share
Profile

Follow
bavarian1975

2,964 Posts.

1526

16/09/20

22:25

Post #: 47401085
Share

Originally posted by Jbart944: ↑

As I mentioned about a week ago, I reached out to the business to get a better understanding of what the future holds for CXZ and to reassure myself that I hadn't just lit my money on fire haha!

I found out the following:
1. Plan to provide an update to shareholders on the product and growth strategy at November AGM
2. Currently having discussions with other OEM's (car producer i.e GM) with support/endorsement from existing multi franchise dealerships using Ontrac, which is really exciting as we now have some strong promoters of the product and evidence of the superb quality of our product.
3. At a high level their long term strategy is 3 pronged - Embed (via functionality), Integrate (via API) and Generate (data insights). I don't want to go into too much detail on this as I'm sure they will provide an update at the AGM. But in summary its pretty exciting!
4. Confident in their relationship with GM and potential contract extension. Feedback has been great from GM and dealerships, their customisation work is higher than budgeted and they aren't currently aware of any tender process for their contract.
5. Alot of stuff that has already been confirmed by others who have reached out to the business (I strongly encourage you to do the same).

The reason I shared this with everyone isn't because I expect this update to rocket us back to 3.1c (but happy if it does) but more so the fact that I owe many a HC poster over the years for paying me the same respect and sharing any insights. In closing, I think we have stumbled upon a really great company, not just in the short term/for a quick pump and dump but a company that we can be proud of too own.

DYOR, HODL etc etc

Regards, Jbart.

Expand

thanks so much!
Very exciting about #2. And good to hear Re GM relationship. I suspected as much.
Thanks for the encouraging confidence moving forward.

CXZ Price at posting: 1.8¢ Sentiment: Buy Disclosure: Held
4 Upvote

0 Great analysis

Reply

Top Stories

Chris Judd's Talk Ya Book: Tracking Life360 on a journey to the stars

SXG

From the Floor question: "Could gold be manufactured in a lab like diamonds?"

CC9

The USA's dominance requires a domestic lithium supply chain. Chariot stands to benefit

AL8

From the Floor question: "What is the focus of AL8 and how is management going to attract shareholders to the registry?" | Alderan Resources

FEX

From the Floor question: "When will FEX start using rail to augment & de-risk their haulage solution?" | Fenix Resources

There are more pages in this discussion • 188 more messages in this thread...

First 2 Last

Add CXZ (ASX) to my watchlist

(20min delay)
Last 2.8¢		Change 0.000(0.00%)		Mkt cap ! $25.20M

Open	High	Low	Value	Volume
2.7¢	2.8¢	2.7¢	$178.3K	6.599M

Buyers (Bids)

No.	Vol.	Price($)
1	331952	2.7¢

Sellers (Offers)

Price($)	Vol.	No.
3.0¢	1181306	6

View Market Depth

No.	Vol.	Price($)
1	331952	0.027
1	2000000	0.026
2	2040000	0.025
3	290000	0.024
1	35000	0.021

Price($)	Vol.	No.
0.030	1181306	6
0.031	231430	1
0.032	505000	2
0.033	1236689	6
0.034	246582	3

Last trade - 15.40pm 19/06/2024 (20 minute delay)

CXZ (ASX) Chart

CXZ - What does the future hold?, page-2

Chris Judd's Talk Ya Book: Tracking Life360 on a journey to the stars

From the Floor question: "Could gold be manufactured in a lab like diamonds?"

The USA's dominance requires a domestic lithium supply chain. Chariot stands to benefit

From the Floor question: "What is the focus of AL8 and how is management going to attract shareholders to the registry?" | Alderan Resources

From the Floor question: "When will FEX start using rail to augment & de-risk their haulage solution?" | Fenix Resources

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

CXZ - What does the future hold?, page-2

Top Stories

Chris Judd's Talk Ya Book: Tracking Life360 on a journey to the stars

From the Floor question: "Could gold be manufactured in a lab like diamonds?"

The USA's dominance requires a domestic lithium supply chain. Chariot stands to benefit

From the Floor question: "What is the focus of AL8 and how is management going to attract shareholders to the registry?" | Alderan Resources

From the Floor question: "When will FEX start using rail to augment & de-risk their haulage solution?" | Fenix Resources

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News