EXT 0.00% 0.9¢ excite technology services ltd

reality check, page-2

  1. 36,517 Posts.
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    punters, supply outweighs demand at the moment. We will continue to see some selling pressure until when there is some equilibrium. A less than excellent announcement will not improve the sp.

    yes, Ext has a lot of shares issued. We can expect more issues in the future as it will need to raise further funds to continue its exploration works.

    On the positive side, the sp seems to be ranging between 65c and 70c, at the lower end.
 
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