It's sad how this thread has quickly turned into hype, second-guessing and personal attacks. This often is the case as the retail and mum-dad traders are glued to the screen over the weekend and emotion takes over.
XST are in suspension and therfore may have news we are unaware of yet. The money could already be in or it couldn't. The money could be received today or it couldn't. The oil field deal is either on or off. As the company is in suspension they are only obligated to disclose everything prior to coming out of suspension..... they do not have to provide ongoing updates.
All we officially know is they were told we would receive funds by the 15th. We went into trading halt on the 15th. And now we have a suspension pending an announcement regarding capital raising and oil field acquisition.
We hve a broker putting out tweets currently being investigated by ASIC/ASX. We know that any oil field deal will take place American time so we will unlikely get news today as its their weekend.
My opinion only? They received money on 15th. They transferred it straight away. Money hit the US accounts late Friday or maybe it won't get there until Monday morning (US time - so tonight for us). Oil field deal finalized and we have an announcement wednesday or Thursday... and yes that'll involve another suspension extension.
IMO on open. We'll gap up at 3.5 and attempt the 3.8 barrier. Profit takers and stale holders will run for the doors. The price will drop and we'll close around the resistance line of 2.6. From there will be a strong uptrend over a few weeks to 4c as smart money enters.
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