I think CRO has great potential, however, it's capital structure is messy, and it will definitely need more equity (capital raise) before it gets cash positive. Last cashflow indicated 3 quarters of available liquidity (including the $1million borrowing facility). The recent hiring spree will only hasten this cash crunch issue. I think better buying days are ahead, so average down or take your short term profits now and buy in later.....any thoughts...???
I think CRO has great potential, however, it's capital structure...
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Last
0.9¢ |
Change
0.000(0.00%) |
Mkt cap ! $38.92M | |||
| Open | High | Low | Value | Volume |
| 0.9¢ | 1.0¢ | 0.9¢ | $25.57K | 2.814M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 264122 | 0.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.0¢ | 5429289 | 15 |
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