CDX cardiex limited
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Technical 200dma bullish cross, page-26

  1. lexcorp
    8,061 Posts.
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    20/08/20
    13:22
    Post #: 46688300
    Myself, and I'm sure, the board and top holders have big expectations here. Holding options with a strike of 5c, when they come into conversion 12 months or so away, paying 5c for each FPO will mean a decent cash injection to the company and confidence in its performance to own more of the company. Its a massive vote of conviction seeing such a large holding in FPO's and options here by them.

    As long as we have growth in revenue via new products and bonus deals with smart wearables this should have a value around $300m and a share price around 25-30c

    Cheers
    CDX Price at posting: 6.4¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 12  Upvote
    lightbulb Created with Sketch.  Great analysis
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Last
3.9¢ 		Change
-0.001(2.50%) 		Mkt cap ! $17.49M
Open High Low Value Volume
3.9¢ 4.0¢ 3.8¢ $20.01K 521.6K

Buyers (Bids)

No. Vol. Price($)
2 75000 3.8¢
 

Sellers (Offers)

Price($) Vol. No.
4.2¢ 60000 1
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Last trade - 15.40pm 27/06/2025 (20 minute delay) ?
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