XST 0.00% 1.3¢ xstate resources limited

Ann: 30 June 2023 Interim Financial Report, page-2

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    Congrats to the staff, if any, and Directors for producing such a comprehensive report in difficult circumstances. One of the smallest companies on the ASX showing much bigger companies how it ought to be done.
    Bumping along on the bottom, no doubt, and there are only two alternatives from here - up or out.
    About the most positive thing to say is that the accumulated losses would be very useful to a bigger player taking XST out as a going concern.
    Needs to shore up capital, one way or the other.
 
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