XTD 0.00% 2.3¢ xtd ltd

Ann: XTD Corporate Presentation-XTD.AX, page-37

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  1. 445 Posts.
    tango41

    I feel for you. Unfortunately, I can't advise you as I'm not a licenced Investment Advisor.

    IMO the Management are either very slow at arranging deals or they have a product that is not wanted.
    Financially, the screens are earning good money, their financial statements show that. The only way they can impress shareholders is by getting more screens on stations, but the shareholders it seems have been disappointed as they are simply not getting the screens on Stations fast enough.
    The market in Australia is very limited because the population is so small. Ok, there will be HC posters that will say there are hundreds of Stations in cities around Australia. That's true BUT, we simply don't have the population. There is no sense in placing 4 screens for example at A station that has 1 or 2 people looking at it. That's just pure logic.
    The only way this company will make money is by getting an agreement overseas with 20-30 screens.
    Is it possible? Yes. How long? Goodness knows........ it is now down another 10% today. The stock is being slaughtered.
    IMO ....Management should have been honest from the beginning about potential cities around the world as possible contenders for their product, but all they have done is promised and not delivered.
    IMO Management upon seeing the share price dive, should be releasing some sort of positive statement to the market, otherwise this stock could potentially go to 3-5 cents.
    If they are successful in signing an agreement and not just a trial, and it's for quite a few screens. Sure the stock could trade back up in its 30's. The only problem is.....who knows about XTD? Check the daily volume and buyers and sellers each day. It's woeful.

    All IMO
 
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