Patience is needed at the moment , plenty of the small cap tech stocks are experiencing low activity and have pulled back quite hard, Raya is really not too bad at the moment. The market in general probally needs a good further shake so the ALL ORDS pulls back to 4500 but historic charts are indicating to myself that volatility could be present for a while yet. I'm expecting the start of a positive outlook in 8 months , of course anything could happen as historic charts are exactly as they are "historic" Combined with a gradual upswing in the market ,firm revenue indicators for Xped and a general focus on Tech stocks by investment bankers and you won't know yourself , we certainly won't be looking at 3c a share.
2016 is IMO not going to be an easy year in general , much of my information I use off demograhers as they tend to focus and analyze population dynamics. Bernard Salt from KPMG is my favourite, he is confident of a gradual and sustained boom picking up in Australia in 2017 after a tough 2016 due to demands on technology and resources from the rapidly expanding Chinese middle class.
I took some of this information on my own account and risk to expect Xped to be well placed to deliver usuable , interesting and cheap technology that this middleclass would utilise due to this demographic pressure and the fact that the ADRC technology is so easy for the mid sized tech company to adopt and compete against the likes of Samsung without having to spend millions on their own risky research.
Also don't forget about the sensors the company has developed / developing. Xped have thrown their hat in the ring and are playing hard. A risk yes but a good one.
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