Sorry mate.
I still am bullish FXL, however there are better options at present (growth companies that have international exposure in the US and Europe).
I am worried about results on the 26th and fear a major sell off once the cause of the decline is apparent.
I expected FXL to announce Superbundll with international expansion or acquisition. Nothing has transpired, hence my bearish tone.
I think FXL needs to act fast to remain relevant and has so far failed on all fronts.
I can't wait to see bluer skies, but fear the dark clouds of FY20.
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- Ann: FXL - FY20 financial results briefing
Ann: FXL - FY20 financial results briefing, page-328
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Open | High | Low | Value | Volume |
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9 | 40981 | 0.455 |
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Price($) | Vol. | No. |
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0.470 | 72770 | 9 |
0.475 | 14978 | 3 |
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