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EPIC XSG
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Xeros Technology – new CEO reckons he is to build on “the solid foundations laid”. He in for a surprise then?

Describing itself as “creator of technologies that reduce the impact of clothing on the planet”, Xeros Technology Group (XSG) “is pleased to advise that further to the announcement on 18 March 2022, the board has concluded its search process and Neil Austin will be appointed as Chief Executive Officer, effective 1 August”. So what from here with the shares at 36.5p?

EPIC XSG
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Xeros Technology – 2021 results, “a strong foundation for future growth”? Er...

Writing on Xeros Technology Group (XSG) last week as the shares rose above 70p I concluded ‘with this share price spike towards a £17 million market cap, I’d… be particularly wary – also with financial results scheduled for next Wednesday. Certainly ahead of that, I continue to avoid’. Hopefully that was heeded as the shares last closed at 41.5p and are currently below 40p on the back of the 2021 results announcement. So what’s the news?...

EPIC XSG
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Xeros Technology – further commercialisation delay, and what about funding?...

Previously writing on group which describes itself as a “licensor of proprietary solutions improving the sustainability and economics of the world's clothing and fabrics” Xeros Technology (XSG), in January with the shares lower towards 100p I concluded its “pleased to report… progress” instead still looked to demonstrate a former Woodford dog and jam tomorrow. The shares last closed at 88.5p... and are currently significantly further lower on the back of a trading update announcement...

EPIC XSG
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Xeros Technology – states “pleased to report on the progress”… but it’s “delays in commercialisation”!

Previously writing on “licensor of proprietary solutions improving the sustainability and economics of garments and fabrics” Xeros Technology (XSG), in September with the shares down to 185.5p I concluded the current record here doesn’t encourage. Still for me, a former Woodford dog and jam tomorrow avoid / sell. Today the group “is pleased to report on the progress which has been made by the group's partners and licensees”, so why are the shares further lower towards 100p?...

EPIC XSG
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Xeros Technology – interims, “significant milestones with a number of market launches taking place”? Er...

Previously writing on Xeros Technology Group (XSG), in July with the shares higher to 232.5p I concluded at that juncture still a jam tomorrow avoid / sell. The shares last closed at 200p and the group has today announced results for the first half of 2021, emphasising “significant milestones with a number of market launches taking place”. So why are the shares currently at 185.5p?...

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