Hey folks, it's been aaaages since I've posted, hope everyone's well.
Have been looking for some sleeper stocks that have some good TA setups. I like this one - EXR, Elixir Petroleum Ltd. Disc: do not hold yet.
Thermal coal and gas explorer in northern China (Mongolia). $2.8m cash, $22m MC, $20m EV, $221m SoI with free float of $139m. Acquisition of Golden Horde Ltd (GOH) set for shareholder approval on 18 April. Payment is mostly scrip - 79m shares plus $25k cash. Project area around 7 million acres.
Quarterly: https://www.asx.com.au/asxpdf/20180130/pdf/43r4kbthxdy4m4.pdf
Latest pres: https://www.asx.com.au/asxpdf/20171130/pdf/43prw6dz8q692y.pdf
Chart set up on the daily looks pretty good imo. Will post a few more charts over the weekend.
Short Term Trading Week Starting: 9th Apr, page-217
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Last
8,586.9 |
Change
-23.500(0.27%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 8,610.4 | 8,644.8 | 8,585.3 |
| XAO (ASX) Chart |