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Daytraders' Aftermarket Lounge October 5, page-37

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05/10/22

23:33

Post #: 64051417
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Originally posted by Wanganella: ↑

I am well thank you @Bruce72. Began earlier with a Pirie Methode Traditonelle and along with a fine Bouef Bourgignon we are now enjoying Krondorf Founder's View Shiraz 2019. Nice. Have a Teusner ( Riebke Vineyard ) Shiraz awaiting our attention too.

The movement at HXL today was certainly interesting, a couple of buyers ready to step up and pay 1.7 cents. This is the first time HXL has been back at this level in months following its spectacular 90 % fall ( on shattering trial results ) back in May / June. It seems that HXL is returning to attention. It has a very low SOI number ( 160 million ?) and very very low market cap ( $ 2 million ? ) and around $ 2 million cash on hand. Please correct my figures if they are out. Merchant Group buying up 12.8 million shares recently is cause for focus and attention too.

At this point, I don't believe that any chart will tell us much as the daily volumes are very low and through this consolidation and recovery ( and deal - making ?) phase trading has been erratic sparse. But surely what we have seen today must bring HXL back into broader focus.

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While we are talking' fancy wines – I had a couple of bottles of this recently. : >
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