XTE 1.77% 57.5¢ xtek limited.

Ann: XTEK Shareholder Newsletter for July 2014, page-71

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  1. 311 Posts.
    That's great. If you can post any update, it would be greatly appreciated.
    It seems they had the openning of the new offices a few days ago with the assistant minister of defense.

    http://www.xtek.net/news/latest-new...office-and-workshop-facilities-opening-event/

    The press release is worth reading too on the XTclave front. It seems they are starting to diversify.
    “We are developing hard armour inserts for body armour with the aim of producing the lightest body armour on the market as well as investigating a number of potential opportunities ranging from the development of ultra-lightweight combat helmets through to the manufacture of specialised weapon and aerospace components.”

    I don't think the share price will remain that low for long, especially as we get closer to H1 results and the end of the FCT testing program.
 
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