I would say that a long term hold is a good bet with this company at these levels.
Rounding to 3c and with T.E.P.'s analysis of a FV between 12c and 18c in the short term that's a 400-600% gain straight there. If you take the assumption that they keep growing at a consistent rate lets say 50%-1% YoY, you will see the share price increase largely over a 3 year period, use bigtincan (BTH) as an example to see the growth of revenues impact on shares, as BTH has grown over the 3 years it has listed, revenue has consistently grown and so has the share price. Original listing was 23c, it is now ~85c.
Revenue growth = share growth as the respective market cap will also increase.
I will be playing the waiting game on this stock, currently holding and at these levels I encourage everyone to grab a piece, even if its only $500, won't be long until profits materialise largely with CXZ.
All in my opinion. Good luck to all. Thank you to @T.E.P. for all the analysis, saved me a heap of time from doing my own!
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Last
2.9¢ |
Change
0.000(0.00%) |
Mkt cap ! $25.43M |
Open | High | Low | Value | Volume |
2.9¢ | 2.9¢ | 2.8¢ | $29.83K | 1.034M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
11 | 3242515 | 2.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.0¢ | 956500 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
10 | 3135373 | 0.028 |
7 | 4315874 | 0.027 |
4 | 478265 | 0.026 |
1 | 80000 | 0.025 |
3 | 200000 | 0.024 |
Price($) | Vol. | No. |
---|---|---|
0.030 | 956500 | 3 |
0.031 | 535714 | 2 |
0.032 | 231430 | 1 |
0.033 | 1319545 | 3 |
0.034 | 29440 | 1 |
Last trade - 16.10pm 26/07/2024 (20 minute delay) ? |
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CXZ (ASX) Chart |