XST 0.00% 0.9¢ xstate resources limited

X Files already politely shot you down on this but just to make...

  1. 2,446 Posts.
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    X Files already politely shot you down on this but just to make the point even more clearly:
    Hypothetically, with $500,000 invested in XST you would own approximately 12% of the company.
    With $500,000 invested in ADX you would own approximately 1.5% of that company,
    XST has not a lot going on outside its Austrian interests right now.
    Therefore if one of the next couple of wells has a big surprise on the upside, then XST would be a better stock to own than ADX, as XST holders have relatively more exposure to any upside.
    It isn't likely that Austria is about to become the next Saudi Arabia but strange things happen in oil and gas. Near certainties turn out to be duds and vice versa. It's speculative.
    So STFU until the results are in, hold onto your tiny ADX parcel and maybe hope like hell it isn't a gusher. Cos you'll just look more stoopid.
 
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