CMP seems to be moving in the right direction. It says it has turned around distribution problems in the US which lead to last years loss. So I'd expect a return to profitability this year. These new patents and the work on driver fatigue suggest it is leveraging it's work on understanding sleep disorders into treating sleep disorders. Seems a sensible strategy.
TA wise it appears to have found support. Judging by the chart and the possible turnaround in earning there is plenty of upside if things go well.
Anyone got any thoughts?
Cheers
hots
MEXICAN STAND OFF Sellers are thin, page-2
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Last
24.0¢ |
Change
0.030(14.3%) |
Mkt cap ! $42.51M | |||
| Open | High | Low | Value | Volume |
| 23.0¢ | 25.0¢ | 23.0¢ | $6.514K | 26.79K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 34664 | 22.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 24.0¢ | 2250 | 2 |
View Market Depth
| Last trade - 13.00pm 11/08/2022 (20 minute delay) ? |
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Last
25.0¢ |
Change
0.030 ( 25.0 %) |
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| Open | High | Low | Volume | ||
| 25.0¢ | 25.0¢ | 24.0¢ | 48565 | ||
| Last updated 11.37am 11/08/2022 (live) ? | |||||
| CMP (ASX) Chart |