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57.5¢ xtek limited.

Without growth then why invest at all. Company must sell XTclave...

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kickst@rter

1,313 Posts.

36

09/06/17

14:30

Post #: 25198926
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Originally posted by silu73 ↑

At their current stage as a company and with the exception of XTclave they are not a manufacturer hence no need for property, plants, equipments etc (except most likely increased labour costs offset by the servicing contract).

Although they expect to be cash flow positive in the 2H2017 there will most likely be a CR in the near future.

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Without growth then why invest at all. Company must sell XTclave and make it themselves, licensing is rarely a good deal to investors. To grow required big investment in operations.

I will sit on sidelines until I see how they progress propriety products.

XTE Price at posting: 43.0¢ Sentiment: None Disclosure: Not Held
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