Ann: Preliminary Final Report, page-11

First 11 Last

Share
Profile

Follow
stocks_newbie

1,015 Posts.

355

27/08/23

09:51

Post #: 69569059
Share

Originally posted by peejay2 ↑

Now would be a gud time ! (insert smiley face !). Seriously ! I now hold 40K (no of shares) of XRF and happy to hold. topped up yesterday @ $1.07 and could not understand the reason for the significant drop. The results are no better or no worse than I expected and the div was increased and is 100% franked. What more did people expect ? The new "oven" is coming out year end and will suit both mining and food companies alike. Have a look at the last 5 years of growth in earnings, profits dividends etc, and have a look at the after tax NTA ! Noting of course that they went into a higher tax bracket this year because of earnings.... isnt that good ?
Replay your charts and see the MACD has crossed heading ^^^. I dont know if people expected the SP to double or not, but some of the less loyal have flown the nest. I am a happy holder having topped up yesterday @ $1.07. Dont forget that Director Brown topped up with XRF in May at $1.01 buying close to $89K worth. My rec ? hold if you already own, buy if you dont !

Expand

I already bought more shares.
If sp still go below in the next few days/weeks (div ex-date 28/9/2023) that is fine.
In the long run as long as the BOD keep progressing the company financial then should be OK, IMO.

Fyi, our director Brown last 2 buy in the market was
27June worth of $89,338 ($1.089 per share).
15 & 16May worth $21,696 (($1.013 per share).

Goodluck to All.

XRF Price at posting: $1.17 Sentiment: Buy Disclosure: Held
4 Upvote

0 Great analysis

Reply