Not really IMHO. just a continuation of a trend line for a company with all the right metrics. High ..PE but their announcement to buy the other 50% of the crusher was a positive with the investor being kept on as “manager” ? Not a lot of announcements from XRF and when they report, it’s generally a surprise on the upside. The “slightly optimistic” report accompanying the 50% purchase may have put a fire under some potential investors. Wouldn’t be surprised if it dropped back to $1.40……. A great little company that pays a dividend. I have heaps and happy with my holding.
your chart explanation is too much gobbledegook for me !
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)