Ann: XTD to Trial Cross-Track System in India-XTD.AX, page-15

Well it looks like my congrats to holders was a bit premature. Really didn't expect it to finish down today!

Seems to me like there's a bit of an overhang present from investors that may have purchased at higher prices who are keen to get out. Some pretty high volume, and as someone on another medium astutely pointed out, the sale of the shares was met with some pretty big buys as well. May take a few weeks / months before the market can comprehend this and re-rate it as such. I'm hoping anyway

Some near term catalysts:

1.) The obvious one is more overseas deals. My understanding is there is another Asian network poised to roll this out.
2.) Increased broker interest as overseas expansion now more or less confirmed
3.) Embark connectivity with XTD screens, and possibly others (APN, Ooh Media come to mind). I'd also love to know if Embark is part of the trial in India.

While disappointing today didn't re-rate the share price, the company hasn't looked better in my opinion