Ann: Company Update-XPE.AX, page-168

Take 1:

Initially, I thought this was a heavy assault on the SP - relentless, orchestrated, targeted

Take 2:

I now think this event says more about the hands holding than the orchestrators orchestrating.


Think of the shareholder group as a pane of glass - if all is good it can withstand some blows.

But if it already has a big crack in it - it will shatter with a light tap.


The tech sector has been roughed up in the last few months - with mega retraces from IOT, 1PG, NOR, ZIP...

These retraces have caused cracks to form in other tech listings - including XPE.

So when a couple of light taps came along it shattered confidence - and caused a runaway sell-off.


Hopefully the most skittish hands have gone - and we can get back to being an 'uncracked' pane of glass.