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scar76

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24/01/18

15:53

Post #: 30536899
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Originally posted by elit ↑

Ok lot of unhappy shareholders and ex-shareholders and share price tells a story. There are many reasons why specs fail.....

XPED have not been successful to date....that is obvious. Some concerns about goings on etc and past decisions and executive / management quality. I have them too.

But point taken from Madmin that until ASX or ASIC find anything that is untoward, and not sure if got a inference nothing been found.....one might have to accept there actually might not be the smoking gun some believe. So things like Agean pal yes I get that- timing of those family related party share sales unfortunate but equally not sure is illegal. Does not mean I still like it but we have to work with the confines of what is legal and what is illegal.

I think time has come to look at current woeful share price and understand if something is salvageable. I personally am bored of the past as I understand it all and hence support a class action if lawyers believe there is something there to pursue, but I am getting a picture despite lot of ASIC traffic that perhaps it might not just be there. Something we might need to accept and fact we just invested / traded badly in a spec stock that is in the majority that don't do very well.

I would like to see this thread move away from all the past stuff personally as we know that is priced in and more about whether from current levels could be a bag or two in it as a spec stock. As the latest t20 someone posted showed a lot of insiders loading up including some noteable past t20 holders who were on from XPE Mark 1 pump.....looking for Mark 2 pump e.g Wobbly investments.

I think despite the noise something is brewing.....would be good to get some focus on that.

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Any value to be found here will be on the back of JCT, ADRC/XERTS IP has no revenue related value but weighs heavily on the SP. Once that is removed this will bag from here.

XPE Price at posting: 0.7¢ Sentiment: None Disclosure: Held
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