The market is very impatient and wants a deal overseas now. It could take a few more months or it could happen sooner. It will be interesting to see what other announcements are made especially around Contact Light. The share price could do anything in the short term.
Personally I think it is just a matter of time before they do a deal. The rail operators have everything to gain by getting the XTD screens, including a substantial income stream and the ability to communicate with their customers. Further to this the information that XTD can gather about commuters would also be valuable to train operators. Why wouldn't they go ahead and XTD are the only company out there running this system with a proven track record. It takes time though, as are dealing with governments and lots of red tape. My understanding though is that XTD are well on their way with negotiations in Asia, so a lot of the hard work has already been done.
XTD Price at posting:
23.0¢ Sentiment: None Disclosure: Held