I am very happy.
Cash increased from 4.8m (end of Sept quarter) to 5.9m (end of FY) so cash is flowing into the business at this time, which is the main thing I am concerned with.
For revenue to increase 91%, with major increases continuing over the next few years, this is dirt cheap for a market cap of $18m.
XTE Price at posting:
46.5¢ Sentiment: Buy Disclosure: Held