CXZ

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2.8¢ connexion mobility ltd

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tle85

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28/09/20

21:25

Post #: 47690300
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Originally posted by Startingagain: ↑

Next quarterly should reveal where we are at with current subscriptions, i think we are established enough now that regardless of the current Covid 19 situation in the United States that the loss of subscriptions will slow down

My reasoning for this is that yes companies/people trim the fat in financially difficult times but eventually you get closer to a baseline of those that have inter-grated something into their normal activities. The decline in numbers was always going to be more drastic in the short term and then slow down (my opinion)

The last quarterly stated they estimated subscription numbers approx 56-58k. With no announcement to the market stating otherwise I believe the numbers will still be around the companies estimates.

With this said I believe If we hit the 56-58k subscriptions and add the optimisation and customisation work we are looking at another positive cash flow quarterly in one of the toughest economic climates in decades

For what it’s worth I got in at 2.9 with a decent parcel and topped up at 1.8. I’m going to hold for now and make my decision to add or sell at a loss based on the companies next announcements.

I do believe based on annual report this is bargain territory but for now I’ve been proven wrong yet again...you can’t fight the trend it’s all a matter of timing

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Do you know when quaterly update?

CXZ Price at posting: 1.6¢ Sentiment: Hold Disclosure: Held
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(20min delay)
Last 2.8¢		Change 0.001(3.70%)		Mkt cap ! $24.55M

Open	High	Low	Value	Volume
2.8¢	2.8¢	2.8¢	$876	31.27K

Buyers (Bids)

No.	Vol.	Price($)
1	18725	2.8¢

Sellers (Offers)

Price($)	Vol.	No.
2.9¢	175910	2

View Market Depth

No.	Vol.	Price($)
9	6820555	0.027
3	2100265	0.026
2	320000	0.025
2	150000	0.024
1	35000	0.021

Price($)	Vol.	No.
0.029	175910	2
0.030	400000	2
0.032	231430	1
0.033	236214	3
0.034	29440	1

Last trade - 15.51pm 09/08/2024 (20 minute delay)

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