At least it snapped me out of Mega mode,probably a good thing,are you looking at buying in at these levels Moosie? Cheers
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Any ideas why the fall? Seems like it's been fighting between 40-44 for quite some time now.
Net loss for six months to September 30th $17.1m. Annualise that to -$34.2m. Some 124m of shares now on issue. Based on a PE of 100 company could be worth up to 100 x earnings which is -$3,420m. Divide that by the number of shares on issue and I get minus $27.50 per share
Talk about a perma bear prediction! Take a bear that size off the planet and most of the Arctic would disappear! You really think it has got so bad that shareholders will need to pay over $27 a share to get someone to take their XRO shares off their hands?
SNOOPY
Time to spear head into this beast?
Finally picked some up. Been waiting for some weakness.
What makes you think it`s slowing? SirPrize, Tumeric, LOR
Just sayin`. Yesterday, 5pc drop, bounced at 1pm, volume increased and was stabilised at 5pc drop. Today...
Has stabilized,back to $44 within a week or so,if it reaches its potential these current prices will be chicken feed:cool: