Xtek management obviously gave up ongoing dribbled income here and there, that's why they changed its reporting style completely over last couple of months, that's probably a positive thing ...
but its communication to shareholders are still inefficient, therefore, unproductive ... normally, if the board voiced out significant re-rating opportunity, it will be followed up with fundie push sp up etc, so investors actually can see its likely to be re-rated ... with Kengrove on board for quite a while, I don't know why a trend hasn't been identified, and sp is still not liquid ...
one big risk for the company is both the chair and the secretary are very aged, and they hold nearly a quarter of the company ... its probably the biggest minus ...
XTE Price at posting:
35.0¢ Sentiment: Hold Disclosure: Not Held