XRG 10.5% 3.4¢ xreality group ltd

With today's explosion of some sort, I doubt this will be a...

  1. 764 Posts.
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    With today's explosion of some sort, I doubt this will be a "quiet" achiever for too much longer biggrin.pngtongue.png
    I am happy to say I have been accumulating over the last few days.cool.png

    For me the big key tick that I liked was the Debt Restructuring.

    https://hotcopper.com.au/data/attachments/3128/3128322-befbbdf450d40943438dc93ef8b5db29.jpg


    They have an avenue of cash also and of course I love their value of net assets now vs their market cap which makes this Company a good medium term hold I believe.

    The Director and Substantial Holder bought at 2.1c,2.2c which may be a prelude to a good 4C release perhaps. sneaky.png

    I will be looking for whether they have maintained good revenue in this COVID period, being cashflow positive would indeed be the icing on the cake!
    Regardless in my opinion this is a great turnaround story in the makingsmile.png
 
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