5 stocks I would AVOID at all costs
http://www.********.au/2017/03/07/5-stocks-i-would-avoid-at-all-costs/
XPED Ltd (ASX: XPE)
Market capitalisation: $46.5 million (Google Finance shows $36 million but this excludes 497.1 million shares in escrow)
First half 2017 revenue: $0.6 million
First half 2017 loss after tax: $3.9 million
Cash: $5.5 million
Xped “has developed revolutionary and patent-protected technology that allows any consumer, regardless of their technical capability, to connect, monitor and control devices and appliances found in our everyday environment.”
Sounds like amazing technology, and a market capitalisation of just $46.5 million means this must be a bargain (not).
XPE Charts, page-11446
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Last
7.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $1.889M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 19 | 7.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 10.5¢ | 1524 | 1 |
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| OAK (ASX) Chart |
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