Goodness... I sent an email to XTE at 2:46pm today saying basically "Do something... and pointed them to the 6.98% drop". Then this announcement comes out....
I DO wonder if they are ultra responsive to us share holders.... is that even possible?
Release to the Australian Securities Exchange Market Update XTEK received another purchase order for the supply of spare parts under its agreement for the support of Small Unmanned Aerial Systems for the Australian Defence Force. Worldwide strong interest in XTEK ballistic products confirmed at a Defence exhibition in London XTEK had a transformational year in FY17 with a return to profitability, solid sales momentum and high revenue growth. Continued strong performance expected in FY18 with robust revenue growth on the back of further defence contract wins with the Australian Government
XTE Price at posting:
44.0¢ Sentiment: Hold Disclosure: Held