EXL 16.7% 0.5¢ elixinol wellness limited

My thoughts are up, I took a position which I outlined in a...

  1. 221 Posts.
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    My thoughts are up, I took a position which I outlined in a previous post, there should be a little resistance at $1.50 but if it shoots through that it should be trading in excess of $2.00 shortly.

    I’m on a mobile device so apologises regarding the brevity of my reasoning, but effectively I looked at the funding rounds previously conducted, I thought the reaction to Japan was a storm in a teacup (regardless of the outcome - due to its impact on overall revenue). I also am less concerned regarding the escrow shares that most people who have expressed their opinion here are, my experience is that most founders don’t want to see their creations go up in flames.

    Also fundamentally it’s in a industry that I am interested in, I think the legislative framework is changing and it’s a good space to park some cash.


 
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