What long investor doesn't love to capture the bottom of their selected industry's business cycle?
From page 1 (caps mine):
"XTEK remains WELL placed to secure ADDITIONAL sales contracts as robots used by Australian law enforcement agencies are approaching the END of their useful lifeCYCLE and will need to be upgraded or REPLACED. [As an added bonus.] Federal and state governments are also INCREASING their spending on security equipment in these uncertain times."
Then there's ongoing spare parts and maintenance to "smooth" the lumpy revenue nature of the business.
Last two things: 1) Trump, war, spending, Australia in lock-step, and; 2) XTClave, possible company-maker on its own, think license, royalty, JV, spin-off, t/0(?).
OV
XTE Price at posting:
49.5¢ Sentiment: Buy Disclosure: Held
