EXT 9.09% 1.0¢ excite technology services ltd

Ann: Trading Halt, page-16

  1. 1,582 Posts.
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    small raise that got soaked up by top holders within hours

    my understanding is a small amount of cash was needed to tie the company over until revenue is received from the 2 recent major customer wins..as most of us know big companies are generally slow in paying bills.

    clever move by the team if you ask me.

    current quarter is the one I am most excited about. full quarter of revenue from Excite plus revenue from the 2 new customers should make it a ripper!

    disclaimer I own shares in ASX:CPT
    do not rely on anything I say
    do your own homework & research
 
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