XTA new entry point
Could 800p be the new entry point for the mining company XTA ? – previous high of 1000p has been a while and with prices heading south in line with FTSE100 performance, looks a good deal at these trades with short term and medium term returns around 10 – 15%.
Think medium term on this share, to reach back up to 1050p by December which is around £330 profit on 3K to fund the Christmas spending!
Long term is a good hold, with possible take over funding further growth from the likes of big boys BLT.