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1.77% 57.5¢ xtek limited.

Ann: XTEK secures $2m of new Australian Defence Force contracts-XTE.AX, page-3

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  1. little eagle
    79 Posts.
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    13/07/16
    14:48
    Post #: 18260380
    Good news just the same.

    The June Investor Presentation said orders which had been expected in 2015/16 had been pushed back into 2016/17. Today's announcement would presumably be about such orders. While bad for the 2015/16 result it will be good for 2016/17.

    We need something big to rerate the XTE MC. Hopefully the UAS deal flagged in June and/or results of the again-extended US FCT might provide a spark soon.
    XTE Price at posting: 38.5¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
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