It's well below the price of Australian assets let alone Delhi or other potential Australian assets. Considering there is time left with the MTR/QLD contracts and they are very happy with Crosstrack the only major negatives are share price sentiment and contact light. I fail to see how CL will be self sufficient in such a short time. Regardless I think we can all be relatively happy that XTD has cashflow for now and if something else gets announced we can be a bit more confident of XTD's future.
Expect the quarterly in Jan.
It would be nice to see Steve top up considering he's not holding a percentage which would restrict free float.
XTD Price at posting:
9.1¢ Sentiment: Hold Disclosure: Held