GXL 0.00% $5.54 greencross limited

Forager's take on GXL accounting, page-5

  1. 787 Posts.
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    Nothing like a new housekeeper to clean out the closets. Understandably people are wondering what else is still hidden and so holding back on investing. I took a gamble and used some ready money to buy in at 390 this afternoon. Not too much but enough to keep me watching the company. This is now a new 5 year low.
    One of my advisors has a Buy, the other has a Hold. Both said yesterday that they think the market is over-reacting but I feel cautious and so only making a small up-take for now. Previously, I felt the valuation too high for my liking, recognising that GXL is principally in the retail sector while partially in health services (for animals of course).
 
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Currently unlisted public company.

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