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13.0¢ city chic collective limited

it is disturbing the CEO keeps buying stock in his own company,...

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natnicnak

2,069 Posts.

133

01/08/24

23:35

Post #: 75035924
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Originally posted by optimistus: ↑

It's been hilarious watching some of the nonsense thrown up by the buy brigade on this thread. The latest reason for weakness is apparently the overhang from the recent Capital Raising.

Any excuse to avoid talking about the real issue which caused the overhang, namely that there was no demand for the stock at the measly price of 15c because they're struggling to keep their head above water because of shrinking sales and margins.

But apparently it's notoriously difficult to try and forward guesstimate revenue and EBITDA. Far easier to post repeated nonsense about web traffic, fantasise about their competitors and hope for a buyout to put holders out of their misery.

And ridicule when someone points out that the stock has become a speculative plaything. Even most speccy miners do better than losing 98%+ of their share price value.

I'm looking forward to the inevitable cries of victory on here if and when someone finally does pay a few cents premium to take over the carcass.

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it is disturbing the CEO keeps buying stock in his own company, is he oblivious to circumstances, what is he doing, madness?

CCX Price at posting: 11.0¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 13.0¢		Change -0.005(3.70%)		Mkt cap ! $50.07M

Open	High	Low	Value	Volume
13.5¢	13.8¢	13.0¢	$58.45K	433.2K

Buyers (Bids)

No.	Vol.	Price($)
10	347823	13.0¢

Sellers (Offers)

Price($)	Vol.	No.
13.5¢	208821	4

View Market Depth

No.	Vol.	Price($)
10	347823	0.130
7	293133	0.125
9	806201	0.120
2	290806	0.115
2	32000	0.110

Price($)	Vol.	No.
0.135	208821	4
0.140	371176	12
0.145	370332	9
0.150	369350	11
0.160	7500	1

Last trade - 15.37pm 14/11/2024 (20 minute delay)

CCX (ASX) Chart