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1.1¢ xstate resources limited

Ann: December 2021 Quarterly Activities and Cash Flow Report, page-20

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Gefarto

174 Posts.

44

04/03/22

16:09

Post #: 59988109
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Originally posted by FameLuck: ↑

It's a company where a lot of its shareholders are holding at 80% loss.

what is like to see is some share consolidation, so that a single pip isn't as attractive to sell
I'm not sure how effective it actually would be, but I'd feel better.

Meanwhile, I'm not sure what's actually happening. World be nice to get some news.

oh well, just sit and wait. They're making money, so eventually they'll do something good enough to drive the sp up. I believe the company will be profitable for me, and hell, i think i even believe in the company.

Best sub 005 stock on the market i think - even if that means little

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If you think a share consolidation will solve your problems here, then I think you are naive. The stock has strong support at .003 but let's say they did a 10 to 1. This should bring it to .03, guess what? It now has room to sink all the way back to .003 again. And the value of your investment has been smashed to a pulp.
It is the management that needs improving here.
The company is starving for good news.
Anyone know if they have returned from their Xmas vacation yet?

XST Price at posting: 0.4¢ Sentiment: None Disclosure: Held
3 Upvote

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(20min delay)
Last 1.1¢		Change 0.000(0.00%)		Mkt cap ! $3.537M

Open	High	Low	Value	Volume
1.1¢	1.1¢	1.1¢	$1.414K	128.5K

Buyers (Bids)

No.	Vol.	Price($)
2	366923	1.1¢

Sellers (Offers)

Price($)	Vol.	No.
1.2¢	180521	3

View Market Depth

No.	Vol.	Price($)
2	366923	0.011
6	1895099	0.010
5	1271443	0.009
3	630123	0.008
1	200000	0.007

Price($)	Vol.	No.
0.012	180521	3
0.014	191000	3
0.015	1439235	4
0.016	500000	1
0.017	217500	2

Last trade - 14.19pm 17/06/2024 (20 minute delay)

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