Ann: Initiation of Broker Research Coverage, page-7

Quite a good report really, in line with my own calculations. They are extremely likely to do a deal very soon, so it is good that we have had a broker confirming that the current share price values the business fairly without further expansion. So if they do the deal in Asia (I assume Malaysia) then it should be worth around $0.45 conservatively without any revenue from CL or horizontal expansions locally. Looks to be the beginning for XTD if you have faith in management.