That's not quite true kicks@rter. They have a 40m rev capable factory in Adelaide and they are going to buy equipment for another one in the US. The US gov requires manufacturing in their own country for big orders. (To protect their supply chains in case of conflict).
The Australian government did provide funding to help setup the Adelaide facility so you can't say they are not being supportive. Also the ADF uses them to maintain their Army drone fleet.
We're in the waiting process atm for another big order to come in. The Finnish one was good validation but the share price isn't going anywhere until we get another big helmet or armour order.
Ann: XTEK launches Capital Raising -Placement & SPP, page-26
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Last
12.5¢ |
Change
-0.005(3.85%) |
Mkt cap ! $12.83M | |||
| Open | High | Low | Value | Volume |
| 13.0¢ | 13.0¢ | 12.0¢ | $27.45K | 222.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 4996 | 12.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 13.5¢ | 5680 | 1 |
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| Last trade - 15.37pm 05/07/2024 (20 minute delay) ? |
| HCL (ASX) Chart |