Member Info for Newuncle

Solid update good news

Back up now +12%

Also this:

The Company looks forward to proceeding with its current product range, supported by a strong portfolio of current IP, to focus on the key short-term actions to maximise sales and deliver profitability. In addition, the second half of FY24 will include an increase in production of the new DMH product and a contribution from the new distribution network

And this too:

We continue to view the company at an exciting tipping point with a strong and growing product range, and an invigorated and incentivised management team and distributors to drive sales growth to profitability ASAP. In the meantime, we continue to await the outcome of new CEO Lars’s sales pipeline analysis.

And this:

Distribution strategy progressing – CAP-XX has also announced its new distribution strategy continues to progress, with the appointment of a further European distributor, in addition to one in India and two in South Africa.

Lots to come from CPX in 2024 including this:

Ionic JV signed – CAP-XX has announced it has formally signed a JV vehicle and shareholders agreement with Ionic Industries Ltd for the exclusive commercialisation of Ionic's reduced graphene oxide technology to increase electrode density in supercapacitors.

Available to buy at 0.6985......

Well no surprise to see a few selling into this morning's rise, no bad thing overall as it removes a few more punters who bought in for the quick buck court case. They won't be back either and will be replaced by LTH.

Still +8%

MMs moving with trades at last after extended oversold period. Lets see if they play ball here or shut up shop

+16% now

0.73 paid

Both Bid and Ask moving higher now

Bigger buyers being printed now

+8%

And again 0.6875 paid

Buys keep on coming in...0.68 paid

+4% now

Buys keep on being printed, ask keeps moving up

And more buys showing, MMs still ticking up on the Ask here. Not long now

Things getting interesting again here by the look of trades printed...buyers coming in