EXL 0.00% 0.5¢ elixinol wellness limited

As with all these stocks..it takes a while for all the IPO...

  1. 497 Posts.
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    As with all these stocks..it takes a while for all the IPO investors to clear out their stock at different price levels and for the register to sort itself.

    The stock is clearly starting to gain traction both in price and volume terms and the overseas interest will continue to drive it until some serious money and funds start to chase it here in Australia.

    The CBD story is just starting and the market education will take a while, but this is a strong base from which to grow.

    Overseas buyers as was seen this morning on the open will also help the process of driving the stock higher..
    A little consolidation at these levels is healthy before legislation change and news starts to hit.
 
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Last trade - 15.57pm 25/11/2024 (20 minute delay) ?
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