RE: Good to be back.25 Jul 2024 11:37
“ Ilovesushi
Posted in: CPX
Posts: 4,221
Price: 0.3375
No Opinion
RE: Possible Placing to come23 Jul 2024 20:37
Profit is still in the distance. They will not have enough cash to take it to that point. Its not if a placing will take place but when?
Who says forward selling does not take place? The shares were suspended for that that reason when they announced the last placing.
Looks like forward selling is taking place atm. Lots of buys so shares are coming from somewhere. To me this looks like forward selling of shares not yet issued. Or the selling of borrowed shares. Same thing.
Placing is coming.
Ilovesushi
Posted in: CPX
Posts: 4,221
Price: 0.3375
No Opinion
Possible Placing to come23 Jul 2024 20:04
Cash is being used up fast and as profit is not coming until 2025 they will need more cash and this another placing. Ans as we know how placings work, we could be witnessing forward selling. Not if but when, that is the question. I love these shares but I have to be brutally honest and admit, a placing is being worked in order to reach profitability and do more research. And pay for a stronger board and more staff. Best to do it now while the share price is up.”