Rumour has it that the defence land 129 deal is worth at least $100M.. Even @ $1.60 a share, the company would still only have a market cap of about $50M. OEC Orbital is valued at $38M @ .45c.
And let's do forget the other deals in the pipeline.
$12M market cap is very, very cheap.
Ann: XTEK Quarterly Market Update, page-18
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Mkt cap ! $16.42M | |||
| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
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|---|---|---|
| 17.0¢ | 22000 | 1 |
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