The stock price traded over 9 cents earlier in the year when the...

The stock price traded over 9 cents earlier in the year when the value of Bitcoin was valued BITCOIN/AUD $ 5000 zone , it is now valued at almost BITCOIN/AUD $16000 . Market has simply lost its confidence , the company is aware of this and is working hard to change this .
The stock price has traded in a tight zone mainly in between 3.7 to 3.9 cents and even in the past week or so with the markets falling dramatically , the stock price continued to trade as per normal without any large volume . In my opinion the stock price is trading at or near the bottom .
News is not far away and the stock price can move very quickly , once sentiment changes .

The website www.xbullion.io is now live and the trading portal is over 90% complete with an international roadshow by xbullion scheduled for August prior to the official launch.
engaged with a number of leading professional services firms and high-quality research and development companies to provide a springboard for growth in the September quarter.
The Company’s asset management division has been in the process of completing preparations for the launch of new products based on the work of its portfolio management team. The division has neared completion of an overall distribution strategy, focusing on growing its current Digital Asset Fund, as well as the new fundamental research-driven products. The team also worked on distribution partnerships throughout the quarter, including meeting investors at the APAC Family Office Investment Summit in Hong Kong in May 2019 and trips by the distribution team to Shanghai.
With a significantly strengthened balance sheet and the appointment of an experienced legal and corporate governance focused Non-Executive Chairman, Mr Toby Hicks, the Company has a sound and stable foundation from which to execute on a growth strategy.
The Company remains extremely positive about the future for commercialising blockchain technologies and developing a strong growth strategy from which to execute for the benefit of shareholders.