XTE 1.77% 57.5¢ xtek limited.

re: Ann: Press Release - XTEK & Morgan Announ... XTE 9mil MC at...

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  1. 4,861 Posts.
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    re: Ann: Press Release - XTEK & Morgan Announ... XTE 9mil MC at 4.5c, so that's about 200mil shares, they raised some 600k at 2.7c Sep last year I believe, so you can tell those soldiers quite prudent. also those fund was used to advance its Xclave technology, basically is a machine without really much human labour cost, so one day when they receive say 10mil order from whichever country's defence, you wont see 50% goes to labouring.

    I expect 10c in August after they release its annual report. 12 month, at least equivalent to LBT MC if not more.

    I was only on LBT since late last year, as far as I understand they haven't raised any for at least 3 yrs, some SA investors emailed me last week saying they were caught up at 27c many years ago, that's one of reasons I offloaded some of my chips this morning.

    by the way, you know I said I am not going to post on LBT thread anymore, therefore, just put some comment here.
 
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