CG1 20.0% 6.3¢ carbonxt group limited

This is a sleeper and few understand its real potential with its...

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  1. 6,851 Posts.
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    This is a sleeper and few understand its real potential with its own plant, positive legislation,building sales, improving margins, tight register, global market appeal etc. won’t be close to this price in due course given they already have serious cash flow. Everyone wants to flap clean water and air, yet the ethical funds are either brain dead or don’t know this is listed. This will only take one more decent contract to start moving imo and some owners of power stations control more than one. I see China or the USA coming for the technology. I noticed that VIV just did a Co2 tech deal with Sinopec during the week and it’s years away from cash flow. The stock responded really well even with a horrendous market. That speaks volumes for China’s need to sort out their environment but it also says a lot about clean technologies and who wants them. I reckon management could walk this through China and sell the company if they wanted to. Who has the most air pollution , bad coal and the greatest number of coal fired power stations?
 
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Last
6.3¢
Change
0.011(20.0%)
Mkt cap ! $22.74M
Open High Low Value Volume
6.6¢ 7.0¢ 5.9¢ $58.94K 906.5K

Buyers (Bids)

No. Vol. Price($)
1 80000 6.1¢
 

Sellers (Offers)

Price($) Vol. No.
6.3¢ 228 1
View Market Depth
Last trade - 15.49pm 27/11/2024 (20 minute delay) ?
CG1 (ASX) Chart
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