Ann: Response to ASX Price Query, page-2

So their cash balance has gone up by $70k in 6 months. The directors of this business do nothing but suck it dry, at the expense of shareholders. Let's hope the new board members can turn things around. 

It's also surprising that XTD re-signed with APN, when they haven't grown revenue and sales. I can only guess that they don't have a choice and that their screens and tech will need to be updated if they are lucky enough to get renewed concessions from the rail operators. 

I always thought XTD had a lot of potential, but this is definitely a business that has been extremely badly managed and the $2m in cash could get chewed up in no time if they need to upgrade their systems.