IN the Pac Partner assessment report, under the title
ADJUSTMENT FOR COVID-19:
"We lower FY’20F Revenue by 19% to $37.3m due to non-Corona-19 health pause across China, USA and
Germany/France. CMP has temporarily stood down more than 50% of staff, and we estimate a breakeven
EBITDA with Free Cash Flow of ($3.3m) due to delayed logistics. We assume CMP is successful obtaining
$3m of temporary loans from its existing Australian bank and European governments."
If it is correct that CMP has temporarily stood down 50% of staff, i would have liked to hear about it from the board.
PAC report has an EBIT estimate for FY20 of ( o.3m) . and therefore concludes that CMP has the ability to access a $3m loan from Aus bank or European Gov. this bit of news as well I would rather hear from CMP board if it is indeed correct that they may need to borrow extra funds
CMP has a great IP and technology with immense potential going forward. but their inconsistency on delivering, earning instability, lack of transparency as well as over-promising n under-delivering has caused the SP to look erratic and volatile as it does.
good for very long term holders and for Trading the large SP fluctuation caused by the discrepancy between potential and reality.
The End of year report in August/20 may tell the real story, I will have funds prepared for that day
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IN the Pac Partner assessment report, under the titleADJUSTMENT...
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Last
29.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $56.70M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 22900 | 29.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
30.0¢ | 200000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 17900 | 0.290 |
3 | 19559 | 0.285 |
1 | 25000 | 0.270 |
1 | 5000 | 0.265 |
1 | 70000 | 0.260 |
Price($) | Vol. | No. |
---|---|---|
0.300 | 200000 | 1 |
0.310 | 11560 | 2 |
0.325 | 2000 | 1 |
0.330 | 26250 | 2 |
0.340 | 15023 | 3 |
Last trade - 16.21pm 25/07/2025 (20 minute delay) ? |
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