XTE 1.77% 57.5¢ xtek limited.

re: Ann: Press Release - XTEK & Morgan Announ... furniture,as I...

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  1. 4,861 Posts.
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    re: Ann: Press Release - XTEK & Morgan Announ... furniture,
    as I declared previously, I have same amount of chips between LBT and XTE, and from my analysis, they should be valued at similar market cap.

    two similarities between them:

    1. directors at LBT bought chips at 10mil MC, directors at XTE bought more chips at 7mil MC, that's after 2.7c cr many months ago. that tells me those most conservative bunch cannot have enough of this

    2. LBT has APAS under trial, FDA and CE mark by next year; XTE has XClave already half way through, also next year to be fruitful.

    one thing XTE has advantage over LBT is (I guess only), they will move to accounting positive territory this FY, that alone should deserve 20-30mil MC.

    but no one knows market than the market itself, I am about to reenter one of your old stock today ... hopefully.
 
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