GREY:XEBEQ - Post by User
Comment by
Resilience19on Jul 15, 2020 11:19am
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Post# 31270682
RE:Another write-off day
RE:Another write-off day
As you've previously indicated xbc is a two steps forward, one step back stock (and/,or sideways). This pretty much works on a 3-4 week cycle. We recently had a peak and we're now consolidating. Beyond this I agree the cash on hand will soon be put to good use. Deals under consideration pre-COVID have likely been set back, reassessed and/or renegotiated, leading to delays in announcements. So, I don't think we need to read too much in the lack of news and SP movement at this point. Things will move, positively, soon enough, after which we'll get another slower couple of weeks etc etc. In the meantime, let's simply try to enjoy the summer traditionally slower moving months, before locking down for a second C-19 wave or our long winter months. For my part, am off taking the family picnicking, before enjoying a nice cold brew late afternoon. Cheers to all and stay Zen in knowing xbc will progressively only keep going upwards, on a monthly basis, for years to come.