EXL 14.3% 0.4¢ elixinol wellness limited

Ann: Share Purchase Plan, page-28

  1. 432 Posts.
    lightbulb Created with Sketch. 138
    my guess is they take every cent as these companies continue to burn cash

    but if their sales pick up / ESPECIALLY as i believe they were very active in promoting black friday sales

    then they will come out with a big SPP deal and an update on DEc quarter sales and the stock may well go on with it

    remember US holders cannot take SPP as I understand so they dont care

    and last night nearly 1mill shares turnover in the US - if they see traction on sales growth this is beyond a penny stock for them and they can move it a long way without blinking

    remember anything under $5 is a tiny price in amercia so this could easily catch again - as I suggested a few weeks ago on US turnover picking up
 
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