OAK 1.43% 6.9¢ oakridge international limited

XPE Charts, page-11446

  1. qf8
    1,142 Posts.
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    5 stocks I would AVOID at all costs


    http://www.********.au/2017/03/07/5-stocks-i-would-avoid-at-all-costs/

    XPED Ltd (ASX: XPE)
    Market capitalisation: $46.5 million (Google Finance shows $36 million but this excludes 497.1 million shares in escrow)
    First half 2017 revenue: $0.6 million
    First half 2017 loss after tax: $3.9 million
    Cash: $5.5 million
    Xped “has developed revolutionary and patent-protected technology that allows any consumer, regardless of their technical capability, to connect, monitor and control devices and appliances found in our everyday environment.”
    Sounds like amazing technology, and a market capitalisation of just $46.5 million means this must be a bargain (not).
    Last edited by qf8: 07/03/17
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