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Xeros Technology – how “significant” is the 2023 results “operational and commercial progress”?

By Steve Moore | Tuesday 28 May 2024


Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.


Describing itself as a “creator of technologies that reduce the impact of clothing on the planet”, Xeros Technology Group (XSG) has announced results for the 2023 calendar year headlined “Significant operational and commercial progress”. Hmmm, why a share price down from above 4p at the start of that year to a current 1.325p then?!
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