RE: Back to silence5 Jan 2025 08:58
IG
21
at
Sat
e...
Sat
153
Sat ably
Investor Guy
In the last year since, we have got a new CEO who has been around industry in various management positions and is more
experienced than the last CEO, we have added
DR Graham Cooley, former CEO of ITM group when it went from like 30p to £7 per share, he also has contacts globally in governments and in industry, which is his job as a NED to get contacts and share his advice. He has also invested around £1million of his own money in the last months at every placing that's happened only recently, due to the turn around strategy, it was necessary.
We also have had Schurter buy in to CAP-XX, you don't need to buy CPX to do a JV with
CPX. They are a £200million annual revenue company owned by a £3.2billion investment company, that has bought CAP-XX as well as signed a TV with us for a cobranded product line.
As well as a new 12month smart meter supply contract and yeh I could go on.
Their pipeline for design-ins stands somewhere above £30 million in annual revenue if they convert all the design ins, into supply contacts, of which they have predicted a 32% success rate, but this was all back in March 2024, and subject to an update
So it's not completely unfounded to think CPX Might be on track