littleagle,
fy15 12mil included 7mil for SUAS which had margin around 10%, if u take that contract off, XTE breakeven point should be around 7-8mil, so i m very confident if all orders are delivered, we will be in breakeven point.
in addition, the raffle order is a high margin order, so would be the SUAV maintenance contract.
further, XTE flagged Robin metal detector for a few times, i am told if executed, thats another 10mil contract.
of course, if defence signs Land 129, we all will be smiling, and why wouldnt they!
XTE Price at posting:
33.0¢ Sentiment: Buy Disclosure: Held