XSO 1.28% 3,020.4 s&p/asx small ordinaries

Fair call on the pivot, but that change in volume character is...

  1. 4,596 Posts.
    lightbulb Created with Sketch. 177
    Fair call on the pivot, but that change in volume character is because they destroyed the register late last year placing 1 billion shares at 4c. From memory there was around 250m issued before that. Lots more shares sloshing around. They had a good last quarter, mainly due to all the pre-strip in the qtr previously, and I don't believe it to be sustainable. Would not recommend holding into next 4C at a minimum
    Last edited by CaptainGrumpy: 25/05/18
 
watchlist Created with Sketch. Add XSO (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.