XRO has been the major disappointment across this sweet of positions over the last year as valuation contraction has weighed heavily on the share price, yesterday it caught our attention as it rallied +4.6%, hopefully, some bargain hunters are entering the fold.
- We are ideally looking to exit our 5% position in XRO closer to $100 but that may prove wishful thinking.
MM is mildly bullish XRO around $74
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