CXZ connexion mobility ltd

Ive just started reviewing this stock.Looks cheap - cashflow...

  1. 1,815 Posts.
    lightbulb Created with Sketch. 89
    Ive just started reviewing this stock.

    Looks cheap - cashflow positive and it has net assets which are liquid.

    $14M market cap less $3.5M net assets - the underlying business is costing us $10M.

    They have no main custmer which is a risk but they are locked in now for 5 yrs.

    The other concern is the falling revenue - is this due to the shortage of semi conductor chips in the market and lower subscriptions?

    And finally with 59,000 subscriptions ad only $1.5M in revenue - we arent getting much for each subscription - any thoughts on this? Esp given some other companies give this software away for free.

    Cheers
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
2.5¢
Change
0.000(0.00%)
Mkt cap ! $20.27M
Open High Low Value Volume
2.6¢ 2.6¢ 2.5¢ $24.80K 976K

Buyers (Bids)

No. Vol. Price($)
1 3075077 2.5¢
 

Sellers (Offers)

Price($) Vol. No.
2.6¢ 362002 4
View Market Depth
Last trade - 15.57pm 25/06/2025 (20 minute delay) ?
CXZ (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.