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0.00% 1.1¢ xcd energy limited

I applied minimal value to their O&G assets and bought in for...

  1. Vitor
    503 Posts.
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    06/07/17
    16:25
    Post #: 25709079
    I applied minimal value to their O&G assets and bought in for the cash on hand and low EV. This play looks like a shell play where they will gain control of the board, tighten the register and vend a decent asset into it, potentially as others have mentioned a base metals play
    ETE Price at posting: 2.4¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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