CCX is telling us how much inventory they are clearing. If they lower their new purchases in line with demand do you think insolvency is really an issue?
The unit cost of a landed piece of clothing is between 20usd and 25usd. Average ccx sale price.. maybe 50usd??
It's a bumpy ride, they missed judged the market, market punished the stock and then it traded irrationally.
The article is click bait.
McGrath Nichols summonsed...., page-25
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Last
10.5¢ |
Change
0.005(5.00%) |
Mkt cap ! $36.80M | |||
| Open | High | Low | Value | Volume |
| 10.5¢ | 10.5¢ | 9.9¢ | $39.72K | 395.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 201855 | 9.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 10.5¢ | 760816 | 12 |
View Market Depth
| Last trade - 16.10pm 15/08/2024 (20 minute delay) ? |
| CCX (ASX) Chart |