The thing the people on this forum can’t understand or refuse to...

The thing the people on this forum can’t understand or refuse to acknowledge is last year EXL shares traded at well over $4. They currently trade at below 20 cents.

Clearly performance against first half of 2019 is significantly down, hence the share price. These results should have been built into the current share price, and it appears from the market this morning they have been. You’re not paying $4 for a share anymore so comparing current performance to performance when the price was more than 20 times higher requires context.

If the people on this forum who keep saying there will be a pump and dump for another capital raise are correct (which may be foreshadowed with the “outlook” section of the report, noting imminent new product launches etc), together with expected TGA announcement next week, there may be a good opportunity for shareholders to make a buck / exit shortly.

In the event the pump gets the price to the high 20s, I will be one of those exiting. Again, I am not suggesting the company will be a success, I just thought the share price (when I bought at $0.21) represented a reasonable, but speculative, buying opportunity for significant short term profits. Hopefully that is proved right in the next few weeks.