CBL 0.00% 4.3¢ control bionics limited

Next 4c and Beyond

  1. 427 Posts.
    lightbulb Created with Sketch. 44
    This has been a bit of frustrating hold for me. This is my biggest loss currently that I am still holding because I bought quite a bit on Market after IPO.

    Pros
    - Great Tech
    - Good team
    - No sell down in IPO raise
    - Has decent amount of cash from raise

    Cons
    - sales growth is sluggish
    - they have been able to convert tech into sales
    - due to covid NDIS sales haven't eventuated

    Positive catalysts going forward
    - NDIS contracts
    - a major partnership
    - increase in sales in next 6 months due to increase in sale team
    - tie ups
    - bit far fetch but if it gets bought out due to technology that it holds and only 55m odd mcap
 
watchlist Created with Sketch. Add CBL (ASX) to my watchlist
(20min delay)
Last
4.3¢
Change
0.000(0.00%)
Mkt cap ! $8.569M
Open High Low Value Volume
4.2¢ 4.3¢ 4.2¢ $12.97K 301.7K

Buyers (Bids)

No. Vol. Price($)
1 4091 4.3¢
 

Sellers (Offers)

Price($) Vol. No.
4.4¢ 100000 1
View Market Depth
Last trade - 16.10pm 31/05/2024 (20 minute delay) ?
Last
4.2¢
  Change
0.000 ( 2.33 %)
Open High Low Volume
4.3¢ 4.3¢ 4.2¢ 34968
Last updated 14.43pm 31/05/2024 ?
CBL (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.