XIP
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0.00% $2.46 xenith ip group limited

GH only just missed out on its earn out agreement so trading...

  1. Kruiser
    4,921 Posts.
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    16/10/17
    08:44
    Post #: 27922128
    GH only just missed out on its earn out agreement so trading hasn’t been that bad. My guess is they went so hard to hit the earn out target that they pulled a lot of revenue forward leaving a bit of hole to fill afterwards. This should be temporary though.

    They also raised a bucket load of money at $2.40 to buy them. If insto investors saw potential at that price…surely $1.15 is pretty attractive.
    XIP Price at posting: $1.14 Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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