Good to see sales are heading in the right direction. What's important now and I really hope management read and pay attention, is that costs are kept under control. Their spending to date has been out of control in my opinion and that has lead to the exceptionally poor share price performance along with the lack of contract wins overseas and lack of revenue attached to the Indian opportunity. Hopefully the new board members give them the shake up they need and get costs under control, which should enable them to show a $1m profit for the half year coming up. If they can't do this then they are best off in my opinion just selling it to someone else who can run the business profitably with shareholders value in mind. A $1m profit for the half year would definitely drive the share price much higher.
It would also be nice to see some wins and sales behind Embark and the mobile connectivity. If it is the future then surely they can get some business. You would think that this would make them a huge take over target if the own the patent and the large out door media companies see the technology as the future also.
Interesting times for XTD.........
XTD Price at posting:
7.1¢ Sentiment: Hold Disclosure: Held