Commencing the roll out and installation of the 32 Melbourne XTD screens in October has allowed XTD to be operating cash flow positive from the first day of trading.
In addition to Melbourne, XTD will install up to 13 screens into the Brisbane City rail network under a seven-year exclusive contract with QR Rail in January 2015. The Company is fully funded to roll out Brisbane which will operate from mid-April next year.
APO Price at posting:
$2.50 Sentiment: None Disclosure: Not Held
XTD Price at posting:
20.0¢ Sentiment: Buy Disclosure: Held
