Congrats! You made a good profit and that's what's really count. I did not regret selling several times above 20c. Who knows it would get to 27c! For the very short term, the only way to buy back is through the SPP. This company is so desperate for cash that so I think it will accept any cash as long as it fits within the ASX rule where they can only raise so much without shareholder approval. I think they are within the limit so far. The question is whether you are game enough to sink 30k in knowing there is a chance that the selling may start soon and by the time you get the shares, the share price is under 17c. Of course, there is a chance that the share price will be still around 20+ by that time and you would make a cool profit! EXL can jump 80% within 1 week or drop 50% within 1 week. But it's impossible to time that otherwise, we would be all rich.
EXL Price at posting:
27.5¢ Sentiment: None Disclosure: Held
