XPD
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0.00% 1.3¢ xpd soccer gear group limited

share buyback, page-19

  1. Coffeekick
    85 Posts.
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    29/09/16
    16:47
    Post #: 19515557
    Won't be too long before we see those 3E announcements. Maybe Morgans is just being shrewd and waiting for the downward trend to stabilise? Even 1 cent x 43 million means a good Christmas party!

    Personally I think it is a brilliant move from XPD - capital raise early in the year at 21 cents, then use it (or cash earned since then) to buy back for 12-13 cents. Free capital
    XPD Price at posting: 12.0¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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