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I’m not sure I take your point! how many real businesses the size of Xeros would still be operating after the losses it had?.. I have faith in the tech, but in the BODs ability to commercialise, well that’s another story, the FD has forecast 4 different breakeven point in the last two years.
Hi Surfie,
I sold eve last week, ahead of the recent rise, so that wasn't the best timing. I now agree that they will struggle to find a buyer before administration.
I'm fairly patient so happy to wait on Xeros; it seems promising from here and I recall the sp being 160 in my time at one point. Shows potential for a resurrection of sorts.
Hi D-Geeman, no I bailed a few months ago. I had faith in this company but it wained a bit. None the less I still think XSG may have legs so I look in now and then. Todays news is good and I will have my fingers crossed for current investors. Same with EVE which I also bailed from but unlike this company I think they are a lost cause.
It looks as though the Xeros tech will be fitted into a lot of washing machines, starting in a couple of years from now.
Surfie, are you still here?
" As is clear from our announcement on 31 March 2022, the Company will require further financing before the anticipated break even in 2024"
this doesn't change the fact that they are looking to raise more funds ...probably via share issue and dilution ...monthly cash burn is way too high
What’s the Asia business? Is that IFB or is there another company that there talking to? Sorry might have missed something.
Great announcement, I have just topped up.
GLA
Yes agree the product is being well received and gaining traction.
Also note this hidden in RNS on discussions on commercial licensing: “In addition, Xeros continues to work with the Asian washing machine OEM and is in early stages of discussions on commercial licensing terms.”
I bought a couple of days ago, and bought more this morning. Adding to my pre-existing holding so still well down but feels as though Xeros is in the right place at the right time.
" trading at 88.8% below our estimate of its fair value "" SIMPLY WALL STREET
Never doubted the technology just XSG's ability to commercialise it. Nice RNS.
It`s taken quite a while
But , this news is
Outstanding
A most underrated share on the stock market today a fantastic product that will help the planet in the coming years stonking RNs oh and by the way can only go to the moon a green share should be in every portfolio dyor
So I would say it is a real company after that RNS :) you have little faith
Well North of 100mil invested in this over the years and now a MCap of £5 mil, could be half that next week if no news.
how can so much investment produce zero return!. is the even a real company?
The last thing that offends me mate is some random keyboard warrior flexing there girly little fingers in a BB.
If your itching to buy in then buy in and stop with the repetitive bull crap.
Grace. No offence but your just another troll with few posts causing trouble. Actually your a cnt. No offence.
No offence but are you crazy?
She is still falling. Itching to buy. Anyone else holding back ?
Itching to buy, but Germany has gone into recession mainly due to energy and supply issues. Obviously we are in the same boat which makes any investment a tough decision.
So when are we expecting the RNS?
Not a bad day.
I would buy this stock today but we have a sincere market correction coming sooner or later.
Which individual are you referring to that has had the success?
I don't think he was pushed and we need someone with retail experience in the domestic sector to push this over the line.