Langhoatu81 you are not the only one to ask that question. XTE is well-managed and hitting its targets in a growing niche sector. But it suffers the curse of the small cap ie is too small to be of interest to most brokers and institutions. Patersons Securities did the last capital raise and to my knowledge is the only broker to have looked closely at XTE - and as Spec Hunter says, their valuation is double today's price.
My hope is that if XTE's potential continues to be undervalued its strong orders pipeline and likely secure earnings will attract someone who will want to take it private.
XTE Price at posting:
51.0¢ Sentiment: Hold Disclosure: Held