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57.5¢ xtek limited.

Home support would be good, but it is the USA market where...

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kickst@rter

1,313 Posts.

36

19/12/17

14:03

Post #: 29739509
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Originally posted by scalper ↑

Great first step into this market.

Would expect that European Market will be XTE focus, US Market will take a bit more time.

Don't rule out something coming out of the Australian Market also.

Aus Defence White Paper 2016 Quote

"Land Forces
4.51 The soldier is at the heart of land force capability. The last decade
of operations has seen substantial investment in equipping soldiers
with leading-edge equipment to help them to achieve their missions.
The Government will invest in a program for continuously improving
the personal equipment soldiers use, including their weapons and
targeting equipment, digital communications systems, body armour
and self protection equipment (including for chemical, biological and
radiological threats), and night fighting equipment"

Current contract I think is due in to expire in Oct 2018, it ran for 4 years (with a 3 yr option), but if we do have a better offering the door is wide open for us possibly.

2018 should be a great year for XTclave and with the added bonus of XTatlas potential

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Home support would be good, but it is the USA market where volume and price premiums will exist.

XTE Price at posting: 56.0¢ Sentiment: None Disclosure: Not Held
1 Upvote

0 Great analysis

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