XTE 1.77% 57.5¢ xtek limited.

So am I but I hope we do not have to wait that long. XTE remains...

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  1. 79 Posts.
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    So am I but I hope we do not have to wait that long. XTE remains I think an undiscovered gem. Almost $5m in the bank with no debt and revenue locked in by the SUAS deal for the next 5 to 7 years. This report confirms they are moving to start manufacture of XTclave composites toward the end of this FY. As I understand it the margins in in-house manufacturing are much better than agency business. Assuming the agency side keeps XTE operating profitably any big sales of XTclave product should produce the rerating we have been waiting for.
 
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