Ann: Change of Director's Interest Notice, page-4

52 week's high $3.50 is definitely way too high.
The institutions started buying last month at $1.6 level, so director did.

Current market cap $100m, EBITDA $18m-22m, just 5 times.
Compared with peer IPH (PE 22), XIP should be relatively safe after 67% hair cut, imo,
still paying dividend with net debt $11m as at 30 June 2017.