XAO 0.57% 8,754.7 all ordinaries

Short Term Trading Week Starting: 19 November 2018, page-64

  1. 23,832 Posts.
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    SP3

    This is really going to the dogs now

    Someone is having a lash at this, I don't know why or what for. Either someone exiting with malicious intent or a new broker setting it up for a lowball CR but this is madness

    Sellers loading up at or under IPO price ...

    sp3.png

    They've just reported cash reserves of $2.4M, stock on hand $1.5M, Q3 revs of $1.1M up 40% and set to be CF+

    There is something definitely not right here. Complete lack of promotion and support is seeing someone just drive it lower and lower through the spread

    Now a sub $8M market cap
 
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Last
8,754.7
Change
49.700(0.57%)
Mkt cap ! n/a
Open High Low
8,705.0 8,771.3 8,705.0
XAO (ASX) Chart
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