XTE 1.77% 57.5¢ xtek limited.

So we scrap the Kengrove facility and then do 2x CR's at more...

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 1,376 Posts.
    lightbulb Created with Sketch. 1
    So we scrap the Kengrove facility and then do 2x CR's at more than 10% discount on the SP.

    Makes sense.

    Justification for the CR - "Funds raised from the Placement will be used to expand marketing, sales and contract support, for commercialisation of XTatlasTM technology, to continue development and commercialisation of XTclaveTM and to supplement working capital."

    Ie. No extraordinary reason. We just need more money. Great.
 
watchlist Created with Sketch. Add XTE (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.