With current state of the asx, poor sentiment on specs, poor sentiment and massive uncertainty on xpe, and tax loss time....I can honestly see this going down to a 15 mil MC easy.
We're talking around the 0.7c mark.
Overall I've lost a fair wad on XPE, but getting out (see my above post in this thread) so far has been the right decision.
After the absurdity of the option offer today, we really have NFI what the hell XPE is going to announce next.
There is no shame in getting out now and taking a loss. You can always dive back in later.
Never be afraid to protect your capital.
The fundamentals haven't changed but right now they aren't enough to hold up the price.
Good luck everyone.
XPE Price at posting:
1.3¢ Sentiment: Sell Disclosure: Not Held
