24 November 2020 - initial order
Shares in AIM-listed Xeros Technology have risen by 45% since we recommended them last month at 1.59p! Today’s announcement that the group’s Indian licence partner, Ramsons Garment Finishing, has received an order for denim finishing machines incorporating Xeros technology is clearly excellent news. The machines will be supplied to ABA Group, a leading supplier of denim products to companies such as H & M and Zara, with ABA being able to produce up to 45 million garments a year, of which 70% are denim. Xeros will receive royalties on the sale . . .
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