Grow earnings? I think the market is still pricing CCX for further surprises on the downside. One only needs to look at the share price trajectory to see that the trend of expectations continues to be towards the negative.
At some point CCX may surprise with a positive announcement (or some form of offer) and/or there will be some economic news which points to the prospects for retail growth in CCX target markets. In which case CCX may rebound, possibly quickly. Maybe we're very near that point.
But I personally can't see this on the immediate horizon and based on share price performance the market seems to agree, no? At some point sentiments will turn but will it do so without some form of "strategic capital injection" and/or will retail investors get the full benefit of any rebound?
I am happy to admit that (once again) I don't know which is why I most often post a sentiment of "none" but to discount ANY possibility that CCX might need/want some form of Capital injection (after calling this a Buy all the way down from $6) strikes me as a little naive.
Maybe you also might also want to go back and have a look at some previous posts on here.![]()
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Last
10.5¢ |
Change
0.006(6.06%) |
Mkt cap ! $36.80M |
Open | High | Low | Value | Volume |
9.9¢ | 10.5¢ | 9.9¢ | $3.761K | 37.59K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 274146 | 10.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
10.5¢ | 572985 | 11 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 274146 | 0.100 |
4 | 221135 | 0.099 |
3 | 304401 | 0.098 |
4 | 71099 | 0.097 |
2 | 113195 | 0.096 |
Price($) | Vol. | No. |
---|---|---|
0.105 | 572985 | 11 |
0.110 | 282170 | 5 |
0.115 | 224296 | 7 |
0.120 | 285175 | 4 |
0.125 | 68491 | 4 |
Last trade - 16.10pm 20/08/2024 (20 minute delay) ? |
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