CBL 2.33% 4.4¢ control bionics limited

Next 4c and Beyond

  1. 428 Posts.
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    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
 
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Mkt cap ! $8.37M
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4.2¢ 4.4¢ 4.2¢ $17.68K 409.3K

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No. Vol. Price($)
2 148802 4.3¢
 

Sellers (Offers)

Price($) Vol. No.
4.5¢ 64957 3
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Last trade - 11.22am 04/06/2024 (20 minute delay) ?
Last
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Last updated 11.09am 04/06/2024 ?
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