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27/09/16
18:25
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Exactly Redman, this move happened about three weeks after Joe's departure.
You can't help bad luck but in this case I do feel Joe does have some explaining to do.
In the space of two months, how was it possible for XTV to:
Go from this: 20/4/16 "$93.5m letter of intent" triggering massive share turnover
http://www.asx.com.au/asxpdf/20160420/pdf/436mqntfb9bpsx.pdf
Followed in five weeks time by: 31/5/16 "US$10m funding facility secured" to support the orders announced in the previous report. So all going well to here....
http://www.asx.com.au/asxpdf/20160531/pdf/437m0lcr6pmjjh.pdf
Then right out of left field just 14 days later GAME OVER ! 14/6/16 Trading halt due to restructure and departure of Joe.
http://www.asx.com.au/asxpdf/20160614/pdf/437vsr79lnkr10.pdf
A good lesson for all not to commit more than you can afford to lose to these types of companies.