XIP 0.00% $2.46 xenith ip group limited

Ann: Change of Director's Interest Notice, page-6

  1. 2,208 Posts.
    lightbulb Created with Sketch. 406
    The reason for today's sell off is that they are short 9-25% of expected guidance, with a possibility for it to be even further by June 2018 since "The guidance is based on an estimated AUD:USD exchange rate of 0.785. A 1 cent movement in the AUD:USD exchange rate is estimated to impact revenue and EBITDA by $500,000."

    Hoping for a good recovery since it seems to be oversold and as others have said it remains relatively cheap in comparison to its peer group.
 
watchlist Created with Sketch. Add XIP (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.