XRF Scientific Limited is an Australia-based company that manufactures equipment and chemicals. The Company distributes equipment and chemicals to production mines, construction material companies and commercial analytical laboratories, in Australia and overseas, and is used in the preparation of samples for analysis. The Company's segments include Capital Equipment, Precious Metals and Consumables.
Shares on issue 137,049,775
Market cap at $1.315 is $180,220,454.
eps..5.2 cents
PE 25.29
DPS 2.5 cents
Yield 1.9%
I have held for about 3 years.
Their latest update is below.Since this update the shares have run very strongly,leaving me wondering whether to take profits or let them run.I like fast runners so will hold.[Also nothing else I want to buy]
https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02654289-6A1145119?access_token=83ff96335c2d45a094df02a206a39ff4
Technicals giving a big "get out" sign.
XRF.png
I missed selling at over $1.40,but got $1.305 0n 22nd May.
Paid under 40 cents a few years ago,and enjoyed increasing my holding via DRP.
The funds were recycled into 2cc [nzx] at under 25 cents...