CXZ 0.00% 2.9¢ connexion mobility ltd

Sustainable multi-baggers: The art of holding, page-82

  1. 248 Posts.
    lightbulb Created with Sketch. 132
    Whilst you make valid points, which are true, the truth is that right now the stock is undervalued purely based on its current profitability, growth and op cash performance. Lots of small caps don't even have a viable product yet! Look at BRN! This stock absolutely warrants a re-rate and larger market cap, which is why I am in for the journey.

    CXZ will certainly have a challenging FY21, as will lots of companies, no doubt. But there is also no doubt that right now a market cap of $23m is a steal at these levels, even with reduced FY21 results.

    CXZ has a long way to grow, but don't all small market cap businesses? Its why they are small cap.

    Bring in a new CEO with good experience and we should see some real impact.
 
watchlist Created with Sketch. Add CXZ (ASX) to my watchlist
(20min delay)
Last
2.9¢
Change
0.000(0.00%)
Mkt cap ! $25.43M
Open High Low Value Volume
3.0¢ 3.0¢ 2.8¢ $102.3K 3.475M

Buyers (Bids)

No. Vol. Price($)
1 206310 2.9¢
 

Sellers (Offers)

Price($) Vol. No.
3.0¢ 932981 1
View Market Depth
Last trade - 15.55pm 31/07/2024 (20 minute delay) ?
CXZ (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.