XST 0.00% 0.9¢ xstate resources limited

Ann: Legal Update on Singapore High Court Action, page-28

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  1. 31 Posts.
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    looking at the XST last qtrly they had under $200k left and planned expenses for the qtr of a similar amount. Regardless of the legal battle XST must be close to being out cash, which means they either need a quick settlement or they will have to go back and find some backers. You would think that raising capital would be pretty easy if the backers believe that these damages will be paid, or a good settlement amount is agreed.

    certainly an interesting stock to watch atm
 
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