"recommendation from a subscription site." mmh, that would make...

First 17 Last

Share
Profile

Follow
minoil

7,822 Posts.

269

31/07/15

07:42

Post #: 15725374
Share

Originally posted by anthill_commerce ↑

There remains 170 buyers for 901,070 units, around $2000 average parcel. Is it a broken bot?! Nah. It will be a recommendation from a subscription site. No doubt some things have grabbed their attention:
• decision time from the DoD. Co-incidentally (maybe, maybe not!) an equity placement facility has been set up to develop the very product that has been tested by the DoD. That the testing has run it's full course is a good sign. Boettcher (~24%) has managed well over the last six years, and wouldn't give away 250,000 shares + options (+security shares, which I don't really understand) if he thought that the commercialisation of the technology wasn't going to go ahead (how successful it is would of course be a different question)
• imminent profit announcement (in my estimation $1.5m profit for a $8m market cap co, with then similar in cash)
• director purchases on market (showing that nothing is signed and sealed at this stage we would have to know about it. I think equity placement is a big hint though....)

As for the orders, very disciplined from a large group on day 1 but I don't see too much selling in the mid 30's occurring. The selling there was happening when there were only a few buyers (at one stage the stack had all retreated to the 20's). Good luck guys.

DYOR

Expand

"recommendation from a subscription site."
mmh, that would make sense......just a bit surprised that nothing has been mentioned on HC.....anyway, not complaining, interesting times are forthcoming !

XTE Price at posting: 41.0¢ Sentiment: Buy Disclosure: Held
Upvote

0 Great analysis

Reply

Top Stories

DUI

Panic, paranoia, and gangland politics: HotCopper users react to Dubber's missing $26M

SIG

Dale Gillham's weekly wrap: Sigma-Chemist Warehouse merger creates pharma powerhouse

BTH

Bigtincan's Board backs Investcorp offer: Why a NASDAQ listing could be game-changing

HotCopper Highlights: Your most watched stocks for Week 47, 2024

GRL

To make modern missiles, you need 3D Printing. And in that gold rush, Amaero is selling shovels

Week 47 Wrap: HotCopper users' most watched; Brent lifts on Putin's scary letter; RFK dents CSL

MIN

MinRes's Ellison knows he screwed up – for that reason, hunt for new Chair to be sped up

LPE

Sales growth pushes Lovisa's fortunes (and shares) upwards

WC8

Pan Asia rebranding to 'clear confusion' after bagging $35M for Chile projects

PYC

Scientific conference spotlights PYC's work on blindness disease treatment

There are more pages in this discussion • 21 more messages in this thread...

First 17 Last

Add XTE (ASX) to my watchlist

"recommendation from a subscription site." mmh, that would make...

Top Stories

Panic, paranoia, and gangland politics: HotCopper users react to Dubber's missing $26M

Dale Gillham's weekly wrap: Sigma-Chemist Warehouse merger creates pharma powerhouse

Bigtincan's Board backs Investcorp offer: Why a NASDAQ listing could be game-changing

HotCopper Highlights: Your most watched stocks for Week 47, 2024

To make modern missiles, you need 3D Printing. And in that gold rush, Amaero is selling shovels

Week 47 Wrap: HotCopper users' most watched; Brent lifts on Putin's scary letter; RFK dents CSL

MinRes's Ellison knows he screwed up – for that reason, hunt for new Chair to be sped up

Sales growth pushes Lovisa's fortunes (and shares) upwards

Pan Asia rebranding to 'clear confusion' after bagging $35M for Chile projects

Scientific conference spotlights PYC's work on blindness disease treatment

Featured News