XIP 0.00% $2.46 xenith ip group limited

52 week's high $3.50 is definitely way too high. The...

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    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.
 
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Currently unlisted public company.

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