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Thanks for sharing lemonwasher, much appreciated

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54 Posts.

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02/03/22

12:51

Post #: 59925305
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Originally posted by lemonwasher: ↑

Hi One
In no order;
there appears to be at least one bot working hard to, at the least, hold the sp back.
hearsay is, most of the selling is coming from a few who held a lot, got in sometime ago and only want their 0.5 cent, then dump and run; plus the usual rabbits.
the last couple of capital raising were largely done in North America, were Large dollar amounts, were not done at a discount, in fact at a good premium to today's sp.
The rabbits are mainly in Australia, very few seem to be interested in, or capable of, reading company reports or getting even a basic understanding of what the Company's Management is putting together.
The M.D., Richard Henning participated in the last raising, at no discount. He is a really genuine guy, I have spoken with him - he will pick up the phone. He is far from the brash circus salesman but he is enthusiastic and I feel very comfortable with him in the MD role
By way of background, he was with Extract Resources when its share price was about 2 cents. It took a couple of years but eventually was taken over for well over $8 a share.
I am holding XTC, and I am a Buy

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Thanks for sharing lemonwasher, much appreciated
XTC Price at posting: 0.8¢ Sentiment: Buy Disclosure: Held
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