XTC xtc lithium limited

The good the bad and the ugly

  1. 27 Posts.
    lightbulb Created with Sketch. 8
    It was a brief of how I see potential outcomes for Xtc

    The good
    solid assets
    The accounting and financial matters being sorted
    two of the directors, putting in $4 million, which means they will put more money in or possibly do it through intermediate trees or partners or a takeover before losing their money
    New members on the team with reputations and an opportunity to improve the situation

    The bad
    are seemingly bunch of idiots who don’t know what they are doing with not a very good track record
    share price water down and definitely mismanagement and miss reading the market
    That’s bad for executives

    The ugly
    political crisis in Argentina
    Financial crisis and interest rates in Argentina
    Global meltdowns, generally affecting the market and instability
    war in Europe and the Middle East potentially Causing all kinds of unknown traumas

    my prediction
    A large capital input will come either through the shortfall by existing investors in one form or another, or a major takeover by a large company
    either way, I cannot see this company going down
    history shows the highs and lows of the market and political events have a matter of turning around

    investment advice
    buying in at the current price, only with money prepared to wait long-term

    These comments are based on opinion only and are very open to comment and all intelligent feedback would be appreciated



 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.