HCL 0.00% 19.5¢ highcom limited

Ann: XTEK Limited H1 FY 23 Results - Investor Update, page-83

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  1. 283 Posts.
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    There's something not quite stacking up right now. Prior to the half yearly trading was around 72 - 74 c and the report was well within guidance and expectations and an opportunity pipeline of about $175 million. No debt, increasing margins, a build up of stock inventory in a growth industry ticks all the boxes for me. It just leaves me wondering who's doing the selling and for what reason. Management aren't given over to hype nor has it proven to be a 'leaky ship' so I'm left to guess what's motivating the seller/s. I'll just take it as an exceptional buying opportunity right now.
 
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